GST penalty of Rs 49.86 lakh imposed on Alok Industries

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ALOKINDS · 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

-2.0%Reaction day

₹16.13

prior close

₹16.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%-1.5% vs market

Other Textile Products peers, median of 175sector-0.3%-1.7% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.7 pts less than its Other Textile Products 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.0-0.5-1.5-0.3-1.7

Next day

-3.6-1.0-2.6-0.5-3.1

-6.6-2.5-4.1-0.9-5.6

-7.0-3.2-3.8-1.5-5.5

-6.9-2.2-4.7-1.6-5.3

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15d

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-18.0-9.3-8.7-8.9-9.1

-14.3-4.5-9.8-7.3-7.0

-12.7+5.4-18.1-1.3-11.4

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 175Pending

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

AI summary

Alok Industries received a GST penalty order of Rs 49.86 lakh from the Assistant Commissioner, CGST and Central Excise, Daman on Feb 10, 2026. The order, under Section 74(1) of the CGST Act 2017, alleges incorrect availment of input tax credit. The company plans to file an appeal. There is no impact on operations. Financial impact is limited to the penalty amount.

Likely market impact

Minor financial impact as Rs 49.86 lakh penalty is small. Company plans to appeal. No disruption to operations.