GST demand notice of about Rs 7.26 crore including penalty for FY 2018-19 to FY 2022-23

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A2ZINFRA · price

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

-0.1%Reaction day

₹14.80

prior close

₹15.00

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.6% vs market

Diversified Commercial Services peers, median of 67sector-0.3%+0.1% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.1 pts more than its Diversified Commercial Services 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

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 67Pending

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

AI summary

A2Z Infra Engineering received a GST demand notice dated December 12, 2025 from Additional Commissioner (CGST and C. Ex.), Siliguri Commissionerate for FY 2018-19 to FY 2022-23. Total demand is Rs 7.26 crore, comprising Rs 3.63 crore in tax and Rs 3.63 crore in penalty, plus interest under Section 50 of CGST Act. The company says there is no material impact and plans to challenge at the appropriate forum, expecting a favourable outcome based on recent High Court precedents.

Likely market impact

Rs 7.26 crore GST demand with interest. Company plans to appeal and says no material impact. Watch the appellate outcome.