Announced Wed, 30 Sept, 2026 · 16:40 IST
GST search proceedings concluded; net impact Rs 2 crore
CLEAN · 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
+1.2%1-day move
₹789.90
prior close
₹788.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.0-1.0+0.2+1.2+4.3+3.2+0.7——————
Up moveDown movePending
AI summary
GST search and seizure at Clean Science & Technology and its subsidiary (begun 23 Sept 2026) concluded on 29 Sept 2026. The department determined a GST liability of Rs 9.9 crore under Reverse Charge Mechanism, which the company can fully claim as Input Tax Credit. Additional interest and non-creditable tax liabilities of Rs 2 crore represent the net financial impact. No disruption to business operations; manufacturing continued normally.
Likely market impact
Minor net hit of Rs 2 crore; Rs 9.9 crore is recoverable as tax credit. Operations unaffected, so limited share price impact expected.