AWFISNSEAwfis Space Solutions Limited· Commercial Services & SuppliesHighNegative
Announced Tue, 2 Jun, 2026 · 17:11 IST

Tax Show Cause Notice of about Rs 7.10 Cr from Chennai GST authority

AWFIS · 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
₹318.20
prior close
₹318.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-1.7% vs market
Diversified Commercial Services peers, median of 74sector+0.0%-1.4% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.4 pts less than its Diversified Commercial Services 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
-0.3
10m
-0.6
15m
-1.3
30m
-1.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.4+0.2-1.7+0.0-1.4
Next day
-2.8+1.1-3.9+0.0-2.8
2d
-2.5+1.1-3.6+0.8-3.3
3d
-7.3-0.9-6.4-0.4-6.9
4d
-5.8+1.0-6.8+0.0-5.8
5d
-9.2-0.5-8.7+0.0-9.2
1w
-4.8+1.4-6.1-0.4-4.3
15d
-3.3+6.2-9.5-0.2-3.1
1m
-5.4+7.1-12.5+0.1-5.5
2m
-13.0+8.0-20.9-1.5-11.5
3m
-19.6+11.2-30.9-0.3-19.4
UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 74Pending

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

AI summary

Awfis Space Solutions received a Show Cause Notice on May 25, 2026 from the Commercial Tax Officer in Chennai over discrepancies in the FY 2022-23 tax return. The notice seeks about Rs 7.10 Crores in demand plus interest and penalty. The company found calculation errors in the notice and is seeking clarification from the tax authority. It does not expect any material impact on its financials or operations.

Likely market impact

Tax demand of about Rs 7.10 Cr being contested; company says no material financial impact expected. Awaiting clarity from tax authority.