ACC Limited has informed the Exchange about disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.
ACC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty Midcap 150 and 0.2 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ACC Limited has received two orders under Section 73 of the CGST Act, 2017 from tax authorities in Ludhiana (Joint Commissioner) and Patna (Deputy Commissioner of State Tax). The Ludhiana order alleges excess Input Tax Credit (ITC) and demands Rs. 2.91 crore plus penalty of Rs. 29 lakh, totaling Rs. 3.21 crore. The Patna order covers excess ITC under the ISD mechanism, credit note issues, ineligible ITC, and tax reductions via amendments, demanding Rs. 20.80 crore with interest of Rs. 14.04 crore and penalty of Rs. 2.09 crore, totaling Rs. 36.93 crore. The combined exposure is approximately Rs. 40.14 crore plus applicable interest. The company has stated it will appeal both orders before the appropriate authorities and does not foresee any material impact on its financial or operational activities.
The combined demand of around Rs. 40 crore is small relative to ACC's overall size and the company expects no material impact, but the appeals process is ongoing and any adverse final ruling could lead to additional financial outflow. The stock is unlikely to react significantly unless the disputes escalate.