Span Divergent Legal & Regulatory

Span Divergent Legal & Regulatory

Span Divergent received a CIT(Appeals) order dated November 4, 2026, partly allowing its appeal for AY 2017-18. The ₹1,50,000 addition under Section 69C was deleted, and the company says there is no impact on operations.

Value

₹0.01 Cr

Span Divergent Legal & Regulatory

Span Divergent's tax appeal was partly allowed, quashing the AY 2016-17 assessment order. Disallowances of ₹64.15 lakh were quashed; the tax demand impact will follow.

Value

₹0.64 Cr

Span Divergent Other Announcement

Span Divergent approved leasing Ahmedabad property to material subsidiary Dryfruit Factory LLP. Rent is capped at ₹3 lakh monthly under an arm's-length related-party transaction.

Span Divergent Merger & Restructuring Worth ₹5 Cr

Span Divergent's board approved selling its Mumbai immovable property to Glorious Sales LLP, an unrelated buyer, for up to Rs.5 Crore. Completion is expected by March 31, 2027.

Value

₹5.00 Cr

Execution

Agreement to be executed on or before March 31, 2027; sale expected to complete on or before March 31, 2027

Span Divergent Debt & Borrowing: ₹0.68 Cr

Span Divergent increased its HDFC Bank corporate guarantee for subsidiary Dryfruit Factory LLP by ₹0.68 Crore. Total guarantee now ₹5.68 Crore; no immediate financial impact.

Value

₹0.68 Cr

Span Divergent Q2 FY27 Results: Net Loss of ₹0.8 Cr, Loss Widens

Span Divergent Ltd reported revenue from operations of ₹5.4 Cr (-28.9% YoY) and a net loss of ₹0.8 Cr for Q2 FY27.

Key figure

Net loss ₹0.8 Cr

Gala Precision Engineering Legal & Regulatory

Gala Precision reported a Code of Conduct violation under PIT Regulations by Designated Person Madhu Ashar, who made a contra trade. The Audit Committee issued a warning and a Rs 5,000 penalty.

Value

₹0.00 Cr

Swastika Investmart Legal & Regulatory

Swastika Investmart disclosed a SEBI adjudication order imposing a Rs. 10 lakh penalty under Section 15HB for merchant banking non-compliances. The company plans to seek settlement, with no other material impact.

Value

₹0.10 Cr

GHV Infra Projects Legal & Regulatory

GHV Infra's UAE subsidiary obtained emergency arbitral relief staying Rana Exim's guarantee invocation. Disputed EMD claim of about ₹28.11 Crore remains before the tribunal.

Value

₹28.11 Cr

German Green Steel & Power Legal & Regulatory

German Green Steel reported an insider-trading code violation by a promoter-group designated person's spouse. Warnings were issued and a ₹25,200 contribution proposed.

Value

₹0.13 Cr

Sanstar Legal & Regulatory

Sanstar's board noted a ₹11,800 NSE fine for filing voting results a day late. The company has paid the fine and will strengthen internal processes.

Shreeji Global FMCG Legal & Regulatory

Shreeji Global FMCG got a Customs order imposing Rs 16.93 Crore duty and penalty. The company plans to appeal before CESTAT.

Value

₹16.93 Cr