GST demand of about Rs 6.5 crore for FY 2019-20

Regulatory & Legal View source PDF Explain this filing

CONCOR · 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

-0.6%Reaction day

₹427.15

prior close

₹427.55

announcement price

After-mkt

timing

Nifty Midcap 150market-0.8%+0.2% vs market

Logistics Solution Provider peers, median of 42sector-0.9%+0.3% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.3 pts more than its Logistics Solution Provider 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

-0.2

10m

-0.6

15m

-0.5

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.8+0.2-0.9+0.3

Next day

-4.0-2.9-1.1-2.3-1.7

-4.5-1.8-2.7-2.0-2.5

-0.5-0.9+0.5-1.7+1.3

-2.1-0.6-1.5-0.8-1.3

-1.0+0.2-1.2-0.7-0.3

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15d

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UpDownMarket · Nifty Midcap 150Sector · Logistics Solution Provider peers, median of 42Pending

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

AI summary

CONCOR received a GST order dated 19 Oct 2026 from the Joint Commissioner of State Tax Appeals IV, Mumbai, for FY 2019-20. The order raises a demand of Rs 2.92 crore, penalty of Rs 34.44 lakh, and interest of Rs 3.26 crore, totaling around Rs 6.52 crore. Allegations relate to ITC from GSTR-3B non-filers, excess ITC claim, and short tax deposit. The company says there is no non-compliance on its part and no material financial impact, and plans to file an appeal.

Likely market impact

Company disputes the order, sees no material financial impact, and will appeal. Watch for the appeal outcome in coming quarters.