Intimation pursuant to BSE email dated December 9, 2025

Regulatory & Legal View source PDF Explain this filing

ABFRL · price

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▲ 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

-1.4%Reaction day

₹76.00

prior close

₹76.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%-0.7% vs market

Speciality Retail peers, median of 17sector-0.5%-0.9% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.9 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

Stock

+0.6

10m

+0.9

15m

+1.0

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-0.7-0.7-0.5-0.9

Next day

-0.7-0.1-0.6-0.1-0.6

+2.4+0.7+1.7+0.6+1.7

-0.9+1.1-1.9+0.3-1.2

-2.6+0.3-2.9-0.5-2.1

+0.1-0.4+0.6-1.4+1.5

+0.5+0.8-0.3+0.1+0.3

15d

+0.4+2.4-2.0-0.5+0.9

-2.0-1.1-0.9-4.5+2.5

-4.6+0.4-5.0-1.7-2.9

-18.7-5.5-13.2-15.2-3.5

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

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

AI summary

The Deputy Commissioner of CGST Division-II, Chandigarh has issued an order dated December 4, 2025 against the company, raising a total demand of ₹1,64,13,773 (about ₹1.64 crore). This includes tax of ₹1.49 crore, interest of ₹13,715, and penalty of ₹14.90 lakh. The demand relates to an alleged excess claim of input tax credit in GSTR3B compared to what was available in GSTR2A, attributed to vendors defaulting on return filings. The company has stated there is no material impact on its financials, operations, or other activities, and believes the demand is not legally tenable. It intends to file an appeal before the Appellate Authority.

Likely market impact

The financial impact is minor at roughly ₹1.64 crore against a company of ABFRL's size, and the company plans to contest the order. Shareholders are unlikely to see a meaningful effect on stock price, though the matter remains pending appeal.