DCMSRINDBSEDCM SHRIRAM IND LTDHighNegative
Announced Mon, 20 Jul · 13:44 IST

Receives Rs 16.59 Crore income tax refund for FY2018

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DCMSRIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.4%1-day move
₹39.77
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.4+3.6+0.4+1.2-0.4
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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.