Announced Fri, 21 Aug · 12:52 IST
Maharashtra GST Department conducts search at company offices and plants
BIRLAPREC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹39.85
prior close
₹44.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9—-4.7-3.3——————————
Up moveDown movePending
AI summary
Maharashtra Goods and Services Tax Department commenced search proceedings under Section 67 of the Maharashtra GST Act, 2017 at the company registered office and plant locations on August 20, 2026 at 3.15 pm. The company is fully cooperating and providing all information and documents sought. Business operations continue as usual during the search. Nature of alleged violations and any financial impact cannot be ascertained at this stage as proceedings are ongoing.
Likely market impact
Near-term uncertainty; potential negative sentiment. Financial impact unclear until the GST proceedings conclude.