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AGARWALEYE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 4.6 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Dr. Agarwals Health Care Ltd has received a Show Cause Notice dated May 18, 2026 from the Office of the Assistant Commissioner, GST & Central Excise, Chennai. The notice alleges discrepancies in the company's GST returns/statements for financial year 2023-24, including differences in output turnover, short payment of tax under RCM, excess ITC claims, ineligible ITC claims, and non-compliance with e-invoicing requirements. The GST authorities are seeking Rs. 20.50 crores in tax, interest, and penalties. The company has 30 days to respond to the notice.
While the company states it does not expect any material impact on financials or operations, this is a significant tax dispute that could affect investor confidence if the demand is upheld. The matter remains open pending the company's response.