CESC Limited gets Rs 9.28 crore GST demand order for FY 2021-22

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CESC · 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

-2.3%Reaction day

₹170.00

prior close

₹170.51

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%-1.5% vs market

Power peers, median of 34sector · industry level-0.5%-1.8% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Smallcap 250 and 1.8 pts less than its Power 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

-1.1

10m

-1.0

15m

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30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3-0.7-1.5-0.5-1.8

Next day

-2.7-0.8-1.9-1.2-1.5

-0.8+0.5-1.2+0.1-0.9

-1.1+1.5-2.6+0.5-1.7

-0.9+1.9-2.8+0.8-1.6

-1.1+1.9-3.0+0.6-1.7

-3.2+1.2-4.4-0.9-2.3

15d

-1.9+1.0-2.9-0.3-1.6

-10.6-1.9-8.7-4.7-5.9

-8.6-1.4-7.2-3.2-5.4

-8.4-8.8+0.4-10.2+1.8

UpDownMarket · Nifty Smallcap 250Sector · Power peers, median of 34Pending

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

AI summary

West Bengal tax authority has issued an order against CESC Limited determining tax, interest and penalty of about Rs 9.28 crore under the CGST/WBGST Act for FY 2021-22. The company received the order on December 15, 2025. CESC plans to file an appeal with the Appellate Authority disputing the demand and expects favorable orders based on merits and legal advice.

Likely market impact

Near-term impact limited as company is appealing. Final hit depends on appeal outcome. No operational disruption expected.