High Court grants complete stay on DGGI demand

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

DABUR · 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

+1.3%Reaction day

₹493.90

prior close

₹493.90

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.5%+0.8% vs market

Personal Care peers, median of 12sector+0.3%+1.0% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Midcap 150 and 1.0 pts more than its Personal Care 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

+0.3

10m

+0.3

15m

+0.5

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+0.5+0.8+0.3+1.0

Next day

+2.9-0.1+3.0+1.0+2.0

+2.4+0.6+1.8+0.6+1.8

+2.2+0.8+1.4+0.9+1.3

+3.5+0.7+2.8+1.0+2.5

+2.7+0.4+2.2+0.1+2.5

+1.7+1.2+0.5+0.1+1.7

15d

+4.4+1.5+2.9-0.3+4.8

+6.1+3.1+2.9+1.0+5.1

+0.5+0.8-0.3-3.1+3.6

+4.2+0.8+3.4-2.6+6.8

UpDownMarket · Nifty Midcap 150Sector · Personal Care peers, median of 12Pending

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

AI summary

Dabur India said the Allahabad High Court granted a complete stay on a DGGI show-cause notice. The notice covers FY2017-18 to FY2023-24 and proposes a GST demand of Rs 110.39 crore, plus interest and penalties, over product classification.

Likely market impact

The stay temporarily blocks collection of the proposed tax demand, reducing immediate financial pressure, though the dispute remains unresolved.