Legal30 May 2026, 06:12 pm
SG Mart: Delhi HC Grants Stay, ₹95.8 Lakh Deposit Required
AI Summary
The Delhi High Court granted an interim stay on orders from the Office of Collector of Stamps regarding a stamp duty matter, as challenged by SG Mart Ltd. The stay is conditional upon the company depositing 50% of the duty and penalty amount, totaling ₹95.80 lakhs, within one month. This follows an earlier disclosure on May 27, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Delhi HC grants interim stay on stamp duty orders against SG Mart.
- Stay is conditional on depositing ₹95.80 lakhs within one month.
- The writ petition was listed for hearing on May 29, 2026.
- Orders challenged were issued by the Office of Collector of Stamps.
Price Impact
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