Apollo Tyres gets two GST penalty orders worth Rs 71 lacs from Bihar

Regulatory & Legal View source PDF Explain this filing

APOLLOTYRE · price

Loading chart…

▲ 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

-0.1%Reaction day

₹396.50

prior close

₹397.15

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.3%+0.2% vs market

Tyres & Rubber Products peers, median of 16sector-0.8%+0.7% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.7 pts more than its Tyres & Rubber 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

-0.1

10m

+0.1

15m

+0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.3+0.2-0.8+0.7

Next day

-3.0-1.7-1.3-1.6-1.5

-1.3-0.4-0.8-2.4+1.1

-2.9-1.8-1.1-2.9-0.0

-3.9-2.6-1.3-2.6-1.3

+0.1-0.3+0.3-0.8+0.8

+4.8+1.6+3.2+1.6+3.2

15d

+6.2+1.6+4.6+0.5+5.7

+14.7+2.9+11.7+2.8+11.9

+11.5+4.9+6.6+2.2+9.3

+6.2+3.3+2.8+0.9+5.2

UpDownMarket · Nifty Midcap 150Sector · Tyres & Rubber Products peers, median of 16Pending

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

AI summary

Apollo Tyres received two GST penalty orders from the Deputy Commissioner, Bihar on June 4, 2026. A penalty of Rs 13 lacs was levied over an Input Tax Credit dispute, and another Rs 58 lacs over Input Tax Credit and E-way Bill issues, totalling Rs 71 lacs. The company plans to appeal before the Appellate Authority and states there is no material impact on its financials or operations.

Likely market impact

Minor GST penalty of Rs 71 lacs; company will appeal; no material impact on financials or operations.