Crompton Greaves Consumer Electricals Limited has informed the Exchange about Action(s) taken or orders passed

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CROMPTON · price

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Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹232.50

prior close

₹236.00

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+2.4%-0.5% vs market

Household Appliances peers, median of 22sector+0.5%+1.5% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Smallcap 250 and 1.5 pts more than its Household Appliances 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.9+2.4-0.5+0.5+1.5

Next day

+4.6+4.9-0.3+2.3+2.3

-0.2+3.0-3.2-1.1+0.9

-3.5+0.4-3.9-2.9-0.6

-0.5+3.6-4.2-0.6+0.1

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+0.6+4.7-4.0-0.5+1.2

15d

+11.8+15.1-3.3+11.0+0.8

+7.5+15.3-7.8+13.0-5.5

+26.4+19.3+7.1+8.1+18.4

+18.4+25.0-6.6+5.6+12.8

UpDownMarket · Nifty Smallcap 250Sector · Household Appliances peers, median of 22Pending

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

AI summary

Crompton Greaves Consumer Electricals has received an order from the Assistant Commissioner of Central Tax, Vijayawada, raising a GST demand of around ₹4.50 crore for the period April 2019 to March 2020. The demand includes tax of about ₹1.40 crore, interest of ₹1.70 crore, and a penalty of ₹1.40 crore. The demand was raised because the company allegedly claimed more Input Tax Credit (ITC) in its GSTR 3B returns than what appeared in GSTR 2A. The company plans to appeal before the Commissioner (Appeals) and believes it has a strong case for a favourable outcome. The company has clarified that there is no material impact on its financials, operations, or other activities.

Likely market impact

For shareholders, this is a relatively small tax dispute (~₹4.5 crore) compared to the size of Crompton's business, and the company is confident of winning the appeal. The stock price is unlikely to be meaningfully affected, but investors should track the appeal outcome since an adverse ruling could lead to a slightly higher outflow.