Announced Tue, 23 Jun · 11:19 IST
CGST search concludes at Acutaas unit, no material impact stated
ACUTAAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹3253.00
prior close
₹3288.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1-0.1-0.1+0.5+1.3+10.0+8.7+10.4+13.9+9.0+5.3——
Up moveDown movePending
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.