Bayer CropScience gets GST penalty of Rs 22 Million from Hyderabad tax authority

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BAYERCROP · price

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Price reactionminutes from the announcement price · days from the prior close

+2.7%Reaction day

₹4116.90

prior close

₹4120.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%+2.7% vs market

Pesticides & Agrochemicals peers, median of 28sector+0.0%+2.7% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Smallcap 250 and 2.7 pts more than its Pesticides & Agrochemicals 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

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15m

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30m

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Reaction day

+2.7+0.1+2.7+0.0+2.7

Next day

+2.9-0.5+3.4-0.8+3.7

+3.7-0.4+4.1-0.1+3.8

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+4.1-1.3+5.4-2.3+6.4

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Pesticides & Agrochemicals peers, median of 28Pending

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

AI summary

Bayer CropScience has received a penalty order of Rs 22 Million from the Office of the Pr. Commissioner of Central Tax in Hyderabad. The order covers FY 2020-21 to 2022-23 and relates to outward supply and Input Tax Credit matters. The company has stated the order is appealable and it will assess exercising its right to appeal.

Likely market impact

Small financial impact of about Rs 22 Million. Company plans to appeal. Limited expected effect on share price or operations.