Williamson Magor & Company Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
WILLAMAGOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.1 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Williamson Magor has informed the exchanges that an insolvency application filed against it under Section 7 of the Insolvency and Bankruptcy Code, 2016 by Carnex Timbers Pvt Ltd has been dismissed as withdrawn by the NCLT Kolkata Bench. The parties jointly submitted on 10th March 2026 that the matter had been settled fully and finally between them. On hearing this submission, the NCLT dismissed the application as withdrawn. The company has stated that a copy of the order will be disclosed once received. This effectively closes one insolvency threat the company was facing.
Positive for shareholders — the company has avoided potential insolvency proceedings from this particular creditor through an out-of-court settlement, removing a key overhang on the stock. However, the long-term picture still depends on the company's broader financial situation.