Cords Cable Industries Limited has informed the Exchange about Action(s) initiated or orders passed
CORDSCABLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Cords Cable Industries has received a GST demand order dated December 31, 2025 from the Office of the Joint Commissioner State Tax, Bhiwadi (Rajasthan). The order demands IGST of Rs. 12.46 lakh, an equivalent penalty of Rs. 12.46 lakh, and interest of Rs. 16.83 lakh — a total exposure of roughly Rs. 41.75 lakh. The demand stems from alleged incorrect availment of input tax credit on purchases for FY 2018-19. The company has stated it intends to file an appeal with the Appellate Authority against the order. Management has clarified there is no material impact on the company's financial, operational, or other activities.
The demand amount is relatively small and the company plans to appeal, so this is unlikely to move the stock materially. Shareholders should, however, track the appeal outcome since an adverse final ruling could have a modest financial impact.