Eternal gets GST demand order of about 13.76 crore from Andhra Pradesh tax authority

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

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prior close

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%-2.1% vs market

E-Retail/ E-Commerce peers, median of 13sector-1.4%-0.2% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty 100 and 0.2 pts less than its E-Retail/ E-Commerce 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

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AI summary

Eternal Limited (formerly Zomato) received an order on 4 December 2025 from Deputy Commissioner (ST), Andhra Pradesh for FY22-23, demanding GST of about 8.29 crore, interest of about 4.64 crore, and penalty of about 0.83 crore, totalling close to 13.76 crore. The order relates to alleged short payment of output tax under Section 73 of the CGST Act. The company says it has a strong case on merits, expects no financial impact, and will file an appeal.

Likely market impact

Total exposure of around 13.76 crore but company plans to appeal and sees no financial hit. Watch outcome of appeal.