Stamp duty orders worth about Rs 46 lakh from Gujarat authority; BPCL plans to appeal

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

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prior close

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announcement price

After-mkt

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Nifty 100market-1.4%-0.5% vs market

Refineries & Marketing peers, median of 11sector-1.9%-0.0% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty 100 and in line with its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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AI summary

BPCL received two orders on 10 Sep 2026 from the Gujarat Stamp Authority demanding stamp duty of Rs 18.56 lakh and penalty of Rs 18.93 lakh on the 2022 Bharat Oman Refineries merger scheme, plus stamp duty of Rs 1.26 lakh and penalty of Rs 7.38 lakh on land allotment and award instruments from 2001 to 2010. The authority rejected the company's objections. BPCL says it will approach authorities to withdraw the orders or file an appeal.

Likely market impact

Adverse stamp duty orders totaling about Rs 46 lakh; company will appeal, management says no material financial impact.