Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Back to alerts
ACUTAASBSEAcutaas Chemicals Ltd· Pharmaceuticals & BiotechnologyHighNegative
Announced Tue, 23 Jun, 2026 · 11:19 IST

CGST search concludes at Acutaas unit, no material impact stated

Enforcement RaidRegulatory & Legal View source PDFExplain this filing

ACUTAAS · price

Loading chart…

▲ 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
+1.1%Reaction day
₹3253.00
prior close
₹3288.40
announcement price
In-mkt
timing
Nifty Smallcap 250market-0.6%+1.6% vs market
Pharmaceuticals peers, median of 165sector+0.3%+0.7% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.0
10m
+0.1
15m
-0.1
30m
-0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.1-0.6+1.6+0.3+0.7
Next day
+0.5-0.4+0.9+0.6-0.1
2d
+1.3-0.8+2.1+0.1+1.2
3d
+10.0-1.3+11.3+0.1+9.9
4d
+8.7-0.7+9.4+1.3+7.4
5d
+10.4-0.3+10.6+1.2+9.2
1w
+13.9+0.8+13.1+2.0+11.9
15d
+9.0+1.4+7.6+3.3+5.7
1m
+5.3-1.1+6.4+0.7+4.5
2m
-2.5+2.9-5.5+1.7-4.2
3m
+0.5+3.1-2.6+5.6-5.1
UpDownMarket · Nifty Smallcap 250Sector · Pharmaceuticals peers, median of 165Pending

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

AI summary

CGST and Central Excise Anti-evasion Department, Surat conducted a search at Acutaas Chemicals' registered office and manufacturing unit in Sachin, Surat under Section 67(2) of the CGST Act, 2017. The search concluded on June 23, 2026 around 10:45 a.m. The company says it provided all documents and clarifications requested, no official order or document has been issued by the department, and there is no material impact on financials or operations.

Likely market impact

Tax search ended with no order issued and no claimed material impact, but any future CGST demand or penalty remains a risk.