Bansal Wire Industries Limited has informed the exchange regarding order received from GST Appellate Authority for the financial year 2021-22 under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 in furtherance to our letter dated December 06, 2025
BANSALWIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 0.8 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Bansal Wire Industries has received a favorable order from the GST Appellate Authority (Additional Commissioner Grade-II Appeal, Ghaziabad) in connection with the GST assessment for FY 2021-22. The original tax demand of Rs. 92,90,112 (about Rs. 93 lakhs) along with interest and penalty has been fully set aside, reducing the liability to nil. The company had earlier filed an appeal against the assessment order issued by the Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad. The order, received on March 9, 2026, means no tax, penalty, or interest is payable by the company.
Positive for shareholders — a potential Rs. 93 lakh tax liability has been completely waived, removing any financial overhang from this matter. No hit to earnings or cash flows, and the company highlights this as reaffirming its strong compliance framework.