Voluntary Settlement Application Filed with SEBI Over Related Party Transactions

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹4.77

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.3% vs market

Other Textile Products peers, median of 187sector-0.4%-1.5% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.5 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9+0.4-2.3-0.4-1.5

Next day

+0.4+0.5-0.1-0.3+0.8

-1.5+0.6-2.1-0.1-1.3

+0.0+0.7-0.7-0.3+0.3

-1.9+1.1-3.0-0.5-1.4

-3.1+0.5-3.7-0.6-2.5

-0.2+1.3-1.5-0.7+0.5

15d

-1.3+0.5-1.8-0.5-0.8

-2.9-0.8-2.1-2.2-0.7

-8.8-0.9-7.9-3.9-4.9

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 187Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Surat Trade and Mercantile informed BSE that material related party transactions with its Managing Director Alok P. Shah during FY 2025-26 exceeded the SEBI materiality threshold. Members approved ratification at an EGM on August 10, 2026. The company then filed a voluntary settlement application with SEBI on August 11, 2026. The company stated no material financial impact at present.

Likely market impact

Minor governance flag; settlement amount not yet determined. Could lead to a monetary penalty if SEBI approves terms.