Zodiac Energy: Order received from the Hon'ble Gujarat High Court - in favour of Company, for quashing and set aside the…
Zodiac Energy (ZODIAC) filed a disclosure titled "Order received from the Hon'ble Gujarat High Court - in favour of Company, for quashing and set aside the SCN dated June 30, 2025 and Order dated December 24, 2025". The company is valued at about ₹304 crore.
What happened
Zodiac Energy (ZODIAC) filed a disclosure with the exchanges on 17 October 2026 at 05:36 PM titled "Order received from the Hon'ble Gujarat High Court - in favour of Company, for quashing and set aside the SCN dated June 30, 2025 and Order dated December 24, 2025".
Company snapshot
Zodiac Energy is a micro-cap company, with a market value of about ₹304 crore.
The stock last traded at ₹200.8, against a 52-week range of ₹198–₹415 (51.6% below the high).
Before this filing the shares had moved −8.9% over the month and −23.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.24 crore.
Promoters held 69.97% at the end of Q1 FY27; 16.93% of promoter shares were pledged. Foreign institutions owned 0.14% and domestic institutions 0.20%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 98 | 2.7 | 1.78 |
| Q2 FY26 | 97 | 2.7 | 1.76 |
| Q3 FY26 | 138 | 5.1 | 2.68 |
| Q4 FY26 | 211 | 10.6 | 7.02 |
| Q1 FY27 | 142 | 7 | 4.57 |
What history shows
This is not the company's first corporate update disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.5% on average the next trading day and was down 3.3% on average after five days (3 filings with price data).
Market-wide, 267 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.2%, with 41% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 6 Oct 2026 | Incorporation of Wholly Owned Subsidiary- "Zodiac Energy IPP-4… | −0.4% | — |
| 2 Sept 2026 | Letter To Shareholders Under Regulation 36(1)(B) Of The SEBI (LODR)… | +0.1% | −2.7% |
| 15 Jul 2026 | Corporate update | −1.3% | −3.9% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Zodiac Energy vs Nifty 50: 1Y Return -44.93% vs -11.35%
- Zodiac Energy forms a new subsidiary to expand solar EPC business
- Zodiac Energy NSE:ZODIAC New Subsidiary IPP-4 Incorporated
- Zodiac Energy Limited Incorporates Wholly-Owned Subsidiary, Zodiac Energy Ipp-4 Private Limited
- Zodiac Energy rises on incorporating wholly owned subsidiary
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.