Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bata India Limited has informed about Demand Order

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BATAINDIA · 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

+0.8%Reaction day

₹937.75

prior close

₹940.85

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.2%-0.4% vs market

Footwear peers, median of 10sector+1.3%-0.5% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Smallcap 250 and 0.5 pts less than its Footwear 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

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15m

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30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+1.2-0.4+1.3-0.5

Next day

+1.2+1.1+0.1+1.9-0.7

+1.4+1.8-0.5+1.2+0.2

+2.2+2.1+0.1+0.7+1.6

+1.1+1.8-0.8+0.1+0.9

+0.0+2.0-1.9-0.6+0.6

-1.5-1.7+0.2-3.4+1.9

15d

-6.7-5.3-1.4-6.6-0.1

-7.7-6.0-1.7-3.7-4.0

-17.7-5.5-12.2-8.1-9.6

-33.1-10.6-22.6-17.5-15.7

UpDownMarket · Nifty Smallcap 250Sector · Footwear peers, median of 10Pending

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

AI summary

Bata India has received a demand order from the Office of the Commercial Tax Officer in Chandigarh under the CGST Act, 2017, for the financial year 2021-22. The tax authority has flagged Input Tax Credit (ITC) claims as not being in accordance with applicable laws and lacking supporting documentary evidence. A penalty of Rs. 23,94,974 (about Rs. 23.95 lakhs) has been imposed in addition to the demand for tax and interest. The company has stated that it believes it has a strong case to defend the matter before the appropriate authorities and does not foresee any material financial impact.

Likely market impact

The penalty amount is small relative to Bata India's overall business and is unlikely to materially affect the stock price or shareholder value. The company plans to contest the order, and the disclosure appears to be a routine regulatory filing under SEBI's disclosure norms.