Receives Rs 16.59 Crore income tax refund for FY2018

Regulatory & Legal View source PDF Explain this filing

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

+3.7%Reaction day

₹39.77

prior close

₹42.76

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+3.1% vs market

Sugar peers, median of 27sector-0.6%+4.3% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 4.3 pts more than its Sugar 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

+0.0

10m

+0.0

15m

-0.1

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.7+0.6+3.1-0.6+4.3

Next day

+5.4+0.9+4.4-0.1+5.5

+3.6-0.2+3.8-0.6+4.2

+0.4-0.9+1.4-1.1+1.6

+1.2-0.5+1.7-1.2+2.4

-0.4+0.8-1.2-2.1+1.7

-0.2-0.0-0.2-2.2+2.0

15d

+11.7+3.9+7.8+2.5+9.3

+32.8+4.8+27.9+20.4+12.3

-4.6+5.1-9.8+4.5-9.1

+44.5-1.6+46.2+5.1+39.4

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

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

AI summary

DCM Shriram Industries has received an additional income tax refund of Rs 16.59 crore, including interest, pertaining to the financial year ended 2018. The company disclosed this under SEBI LODR Regulation 30 as a material litigation update. No further financial implications, penalties, or claims are pending.

Likely market impact

Positive cash inflow of about Rs 16.6 crore boosts liquidity; no penalty or liability involved.