ABFRL gets Rs 1.64 crore GST demand order from Chandigarh authority

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ABFRL · price

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

+2.1%Reaction day

₹74.47

prior close

₹74.65

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%+1.0% vs market

Speciality Retail peers, median of 17sector+2.2%-0.1% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Smallcap 250 and 0.1 pts less than its Speciality Retail 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

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Reaction day

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Next day

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UpDownMarket · Nifty Smallcap 250Sector · Speciality Retail peers, median of 17Pending

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AI summary

ABFRL received a GST demand order dated Dec 4, 2025 from the Deputy Commissioner, CGST Division-II, Chandigarh. Total demand of Rs 1.64 crore includes Rs 1.49 crore tax, Rs 13,715 interest, and Rs 14.91 lakh penalty. The dispute relates to excess input tax credit claim in GSTR3B versus available in GSTR2A, allegedly due to vendors defaulting on return filing. The company says the demand is not tenable in law and intends to appeal before the Appellate Authority.

Likely market impact

Small one-time exposure; company plans to appeal and sees no impact on operations or financials.