GST demand of about Rs 20 lakhs received, company to appeal

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DCMSHRIRAM · price

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

-0.8%Reaction day

₹1255.30

prior close

₹1264.80

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%-0.6% vs market

Diversified peers, median of 11sector+0.4%-1.2% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 1.2 pts less than its Diversified 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

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10m

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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

-0.8-0.2-0.6+0.4-1.2

Next day

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Diversified peers, median of 11Pending

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

AI summary

DCM Shriram received a GST demand order from the Superintendent in Kota, Rajasthan, dated 23 December 2025. The demand of Rs 19.84 lakhs plus interest and an equal penalty relates to disallowance of Input Tax Credit on factory canteen expenses for FY 2018-19 and 2019-20. The company says there is no material financial or operational impact beyond the demand amount and is evaluating appellate remedy to contest the order.

Likely market impact

Very small monetary impact relative to company size. Company plans to appeal. No material effect on operations or shareholders expected.