Eureka Forbes Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company - Update

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

EUREKAFORB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.9%Reaction day

₹584.00

prior close

₹580.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.7%+0.9% vs market

Household Appliances peers, median of 22sector-1.7%+0.8% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.8 pts more than its Household Appliances 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

+0.1

10m

-0.2

15m

+0.1

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-1.7+0.9-1.7+0.8

Next day

-2.1-2.6+0.5-2.8+0.7

-2.4-2.2-0.1-3.5+1.1

-3.1-2.3-0.8-4.9+1.8

-4.1-2.7-1.4-3.8-0.3

-6.6-4.0-2.6-4.4-2.2

-9.5-7.3-2.2-8.5-1.0

15d

-6.7-2.2-4.5-5.7-1.0

-10.4-0.2-10.3+1.0-11.4

-27.0-10.6-16.5-6.8-20.2

-18.7-5.7-13.0-8.6-10.1

UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 22Pending

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

AI summary

Eureka Forbes had received a GST order from the Joint Commissioner, CGST & Central Excise, Bhopal demanding Rs. 16.22 crore in tax along with penalty for alleged excess Input Tax Credit claims and short payment of outward tax for FY 2018-19 to 2022-23. The company challenged this order by filing a writ petition before the Madhya Pradesh High Court at Jabalpur. On January 7, 2026, the High Court ruled that no coercive action would be taken against the company provided it deposits 10% of the tax demand (about Rs. 1.62 crore), which the company is in the process of paying. The company has stated it does not expect any material impact on its financials or operations at this stage.

Likely market impact

Short-term relief for shareholders as the company secured interim protection from enforcement action. However, the underlying Rs. 16.22 crore demand and penalty remain to be decided on merits, and the 10% deposit will result in a near-term cash outflow.