DGGI conducts GST search at Bhatia Colour Chem's registered office

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

-5.0%Next day

₹119.95

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+2.1%-7.0% vs market

Specialty Chemicals peers, median of 88sector+1.7%-6.7% vs sector

By the next day the stock moved 7.0 pts less than Nifty Microcap 250 and 6.7 pts less than its Specialty Chemicals 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

—+2.1—+1.9—

Next day

-5.0+2.1-7.0+1.7-6.7

-9.7+4.7-14.4+4.0-13.7

-14.2+5.9-20.1+5.9-20.1

-18.5+7.1-25.6+7.1-25.6

-22.5+6.5-29.1+6.4-28.9

-30.0+9.1-39.1+8.1-38.1

15d

-51.6+10.8-62.4+8.3-59.9

-49.9+12.6-62.5+12.6-62.6

-64.3+12.0-76.3+6.5-70.9

-62.8+21.4-84.2+10.0-72.8

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 88Pending

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

AI summary

Bhatia Colour Chem Ltd informed BSE that the Directorate General of Goods & Service Tax Intelligence (DGGI), Surat Zonal Unit, conducted a search at its registered office in Surat on April 8, 2026 under Section 67(2) of the CGST Act, 2017. The search concluded on April 9, 2026 at 5:00 AM. The company stated there is currently no material impact on financials, business operations, or other activities. Violations alleged are not yet informed by the authority.

Likely market impact

May trigger short-term negative sentiment; company claims no material impact on operations or financials, but outcome of search remains uncertain.