Supreme Court orders Virat Crane to pay Rs.85.12L market cess to AP govt

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

-3.6%Reaction day

₹32.88

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-4.4% vs market

Dairy Products peers, median of 12sector-1.4%-2.1% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 2.1 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-3.6+0.8-4.4-1.4-2.1

Next day

-2.8+2.5-5.2+2.1-4.9

+2.3+2.3+0.0+1.7+0.6

+4.0+2.8+1.3+1.6+2.4

+5.7+4.1+1.6+0.7+4.9

+6.4+2.5+3.9-1.0+7.4

+5.4+1.2+4.2-1.5+6.9

15d

+4.9-0.8+5.7-5.0+9.9

-3.3-1.7-1.6-4.6+1.3

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UpDownMarket · Nifty Microcap 250Sector · Dairy Products peers, median of 12Pending

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

AI summary

Virat Crane Industries has lost a long-pending Supreme Court case. The court ordered the company to pay Rs.85.12 lakhs as market fee to the Andhra Pradesh Agricultural Marketing Department for the period July 2004 to May 2009. This was a dispute over cess or duty levied on the company. The verdict was delivered on 16 September 2026.

Likely market impact

One-time liability of about Rs.85.12 lakhs. Small impact, but long-pending uncertainty is now resolved.