ARE&MNSEAmara Raja Energy & Mobility Limited· Auto ComponentsHighNegative
Announced Tue, 17 Jun, 2025 · 18:35 IST

Amara Raja Energy & Mobility Limited has informed the Exchange about Action(s) initiated or orders passed

Litigation LossRegulatory & Legal View source PDFExplain this filing

ARE&M · 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
-0.6%Reaction day
₹996.90
prior close
₹994.70
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%-0.4% vs market
Auto Components & Equipments peers, median of 108sector-0.3%-0.3% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Smallcap 250 and 0.3 pts less than its Auto Components & Equipments 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
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
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Next day
-1.1-2.1+1.0-2.0+0.9
2d
-2.7-1.5-1.2-1.1-1.6
3d
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5d
-2.7+1.6-4.3+0.4-3.1
1w
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15d
-1.7+3.5-5.2+3.4-5.1
1m
-1.9+4.3-6.2+3.5-5.4
2m
-4.2-1.7-2.5-1.2-3.0
3m
+3.6+1.8+1.8+6.9-3.3
UpDownMarket · Nifty Smallcap 250Sector · Auto Components & Equipments peers, median of 108Pending

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

AI summary

The Joint Commissioner of State Tax (Appeals), Patiala has upheld an original GST order dated February 22, 2023 against the company. The order, received on June 16, 2025, covers multiple alleged GST violations including excess ITC claim (Rs.1.81 lakh), interest on short payment of tax (Rs.1.31 crore), non-reversal of GST on warranty goods (tax Rs.2.15 crore), non-levy of GST on disposal of business assets (tax Rs.49.3 lakh), and penalties for non-maintenance of books and non-issuance of self-invoices. Total exposure including tax, penalty, and interest is approximately Rs.6.8 crore. The company has stated there is no material impact on its financial or operational activities and plans to assess its right to appeal further.

Likely market impact

The financial exposure of around Rs.6.8 crore is small relative to the company's size and management has confirmed no material impact. However, the unfavorable appellate ruling and pending further appeal may create some near-term overhang. Investors should watch for updates on whether the company files a further appeal and any cash outflows from settling the demand.