Acme Solar Holdings Limited has informed the Exchange about update on show cause cum demand notice

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ACMESOLAR · price

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

+0.7%Reaction day

₹283.90

prior close

₹289.75

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+2.3%-1.6% vs market

Power Generation peers, median of 28sector+2.8%-2.2% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Smallcap 250 and 2.2 pts less than its Power Generation 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

-0.5

10m

-0.9

15m

-0.6

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+2.3-1.6+2.8-2.2

Next day

+1.4+3.3-1.8+5.7-4.2

+7.2+4.8+2.4+7.5-0.3

+4.8+4.4+0.4+6.5-1.7

+4.3+5.3-0.9+6.5-2.2

+7.1+6.3+0.7+10.5-3.4

+7.2+4.6+2.6+7.4-0.2

15d

+5.4+11.0-5.6+11.3-5.9

-3.1+6.6-9.7+3.8-6.9

+22.7+10.2+12.5+1.4+21.3

+37.2+15.4+21.9-1.5+38.7

UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 28Pending

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

AI summary

Acme Solar Holdings Limited has received a show cause cum demand notice (SCN) from GST authorities, as previously disclosed on March 29, 2026. The company has now taken legal action by filing a civil writ petition before the Rajasthan High Court on April 13, 2026, to challenge the SCN. This disclosure is made under SEBI Listing Regulations and the company has provided the required details in the prescribed format. The matter is currently at the litigation stage and no settlement or penalty amount has been disclosed. The company is actively contesting the government tax demand through judicial channels.

Likely market impact

This indicates an ongoing GST tax dispute that the company is actively defending. Shareholders should monitor for further updates as the legal proceedings progress, as any adverse outcome could result in tax liability. The filing shows the company is taking steps to protect its interests through court action.