Rajasthan tax authority raises Rs 24.08 crore demand; Dabur to appeal

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DABUR · price

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

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prior close

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.2% vs market

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On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 1.5 pts less than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Dabur received a Rs 24.08 crore tax demand from Rajasthan authorities over product classification for FY2018-19 and FY2019-20. It includes Rs 7.53 crore tax, Rs 9.01 crore interest and Rs 7.53 crore penalty. The company plans to appeal, citing strong grounds, and reports no current financial or operating impact.

Likely market impact

There is no immediate financial or operating impact. If the appeal fails, Dabur may need to pay the final demand plus interest and penalty.