In compliance with the requirements of Regulation 30 and other applicable Regulations, if any, of the SEBI LODR, we hereby submit the disclosure regarding the Demand-Cum-Show Cause Notice ....
EMAMIPAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 22.9 pts more than Nifty Microcap 250 and 18.9 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Emami Paper Mills has received a Demand-Cum-Show Cause Notice from the GST Authority (Office of the Commissioner (Audit), GST & Central Excise, Bhubaneswar) dated July 20, 2026. The notice relates to three GST-related allegations for FY 2020-21 to FY 2022-23: non-payment of GST under reverse charge on water charges paid to the Government of Odisha, wrongful availment of input tax credit from a cancelled supplier, and non-payment of GST under reverse charge on security services. The aggregate demand is approximately Rs. 2.60 crore, along with applicable interest and penalty under Section 74 of the CGST Act, 2017. The company has stated there is no material impact on its financial, operational, or other activities and plans to file a reply with the Adjudicating Authority.
The Rs. 2.60 crore demand is relatively small and the company believes there is no material financial impact; however, the outcome of the adjudication process could affect future tax provisions. Shareholders should watch for the company's reply and any further developments, though the near-term stock impact is likely limited.