DIC India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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DICIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.2%Reaction day

₹508.20

prior close

₹536.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+0.5% vs market

Chemicals & Petrochemicals peers, median of 187sector · industry level+0.1%+0.0% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and in line with its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-5.2

10m

-3.3

15m

-3.7

30m

-4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2-0.4+0.5+0.1+0.0

Next day

+1.7+1.0+0.7+0.9+0.8

+5.5+2.3+3.1+1.3+4.2

+9.2+2.0+7.2+0.9+8.3

+6.4+1.8+4.7+0.6+5.9

+6.3+1.5+4.8+0.5+5.8

+7.2+2.4+4.8+0.2+7.0

15d

+2.3+3.3-1.0-0.1+2.4

+2.1+3.9-1.8-0.1+2.2

+1.7+0.4+1.3-6.3+8.1

-6.9-3.2-3.7-9.4+2.5

UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 187Pending

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

AI summary

DIC India has received a show cause notice from the Assistant Commissioner, DGSTO-4, Bengaluru, demanding GST of about ₹3.83 crore plus interest of about ₹2.88 crore (total ~₹6.71 crore) for FY 2021-22. The allegations are non-payment of GST on outward supplies and wrongful/excess claim of ineligible input tax credit (ITC). The company argues the notice has clerical errors — the officer appears to have treated the 'taxable value' of ₹3.65 crore as 'tax' when arriving at the demand. No penalty or order has been imposed yet; the company plans to file a reply and appear for a personal hearing within the stipulated time.

Likely market impact

This is only a show cause notice, not a final order, so there is no immediate financial liability. The company has publicly called the demand flawed and intends to contest it, which limits the downside risk. Shareholders should watch for the next hearing outcome — if the demand sticks, it could dent earnings; for now, the impact is contingent and likely limited.