CGST anti-evasion search at Acutaas Sachin facility
ACUTAAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Smallcap 250 and 0.7 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On June 22, 2026, the CGST and Central Excise Anti-evasion Department of Surat, Gujarat initiated search and inspection proceedings at Acutaas Chemicals' Sachin manufacturing unit and registered office. The action was carried out under Section 67(2) of the CGST Act, 2017. No details of any alleged violation have been communicated yet. The company states there is no material impact on its financials, business operations or other activities at present, and is extending full cooperation.
Short-term uncertainty possible; company says no material impact on operations or finances. Watch for further updates as the search progresses.