Announced Fri, 26 Jun · 18:11 IST
Favourable order: GST demand of about Rs 21.35 lakh dropped
ASHIANA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹385.40
prior close
₹385.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.5-0.7-0.5+3.1+2.5+0.5+1.2-1.4-4.1-3.7———
Up moveDown movePending
AI summary
Ashiana Housing has informed exchanges that the Commissioner (Appeals) under the CGST Act 2017 has dropped a GST demand of Rs 21,35,494 (including interest and penalty) raised against the company for short or non-payment of GST in FY 2019-20. The order-in-appeal was passed on June 8, 2026 and received on June 26, 2026. The company says no significant impact on financials or operations and no further action is required.
Likely market impact
Positive for shareholders as a tax demand has been set aside, though the amount is small and not material to overall finances.