Escorts Kubota Limited has informed the Exchange about disclosure pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015

ESCORTS · price

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Price reaction · full curve 14 horizons · vs prior close

-0.5%1-day move

₹2843.00

prior close

₹2820.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.6-1.6-1.0-0.7-0.5-0.1+1.4+1.8+8.1+12.4+16.8+15.3-3.1+4.2

Up moveDown movePending

AI summary

The State Tax Officer of GST, Bhopal Division-1, Madhya Pradesh has passed an order on March 28, 2026 confirming a tax demand of Rs. 10,02,652 along with an equal penalty of Rs. 10,02,652 and applicable interest. The demand relates to the alleged generation of duplicate E-way bills, which the company says was caused by a technical bug on the GST portal. The company plans to appeal this order before the appellate authority. Total monetary exposure is roughly Rs. 20 lakh plus interest, which is small relative to Escorts Kubota's overall size.

Likely market impact

The financial impact is minor (around Rs. 20 lakh plus interest) and the company is contesting it, so this is unlikely to materially affect shareholders or the stock price. Investors should watch for the outcome of the appeal.