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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

-3.2%Reaction day

₹52.70

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-4.5% vs market

Logistics Solution Provider peers, median of 46sector+0.2%-3.4% vs sector

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 3.4 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-3.2+1.3-4.5+0.2-3.4

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-3.2+0.3-3.5-0.1-3.1

-4.2-0.5-3.7-0.6-3.6

-2.0+2.1-4.1+0.6-2.6

-3.3+3.1-6.4+2.5-5.8

-7.5+2.6-10.1+2.4-9.9

-7.0+0.6-7.6+0.4-7.4

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-9.1-1.4-7.7-1.7-7.4

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-20.3-7.7-12.6-9.3-11.0

-4.9+7.0-11.9-2.2-2.7

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 46Pending

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

AI summary

Flomic Global Logistics has received a notice of demand under Section 156 of the Income Tax Act for Rs. 10,61,81,024 (~Rs. 10.62 crore) pertaining to Assessment Year 2020-21. The demand stems from a Rs. 35.29 crore discrepancy flagged by the Income Tax Department between amounts reported by HDFC Bank in Form 15CC and actual remittances claimed by the company for FY 2019-20. The company strongly contests the demand, stating it is unwarranted and without merit, and has obtained a clarification letter from HDFC Bank (dated December 23, 2025) confirming that the excess amount was due to duplication/system error in the bank's reporting. The company plans to appeal before the appropriate appellate authority and expects the demand to be annulled.

Likely market impact

Short-term negative overhang as the Rs. 10.62 crore demand is a significant amount for a small-cap logistics firm, though the company asserts no material impact and appears to have strong documentary evidence (HDFC Bank letter) to support its appeal. Shareholders should monitor updates on the appellate outcome, as an adverse ruling could pressure earnings and cash flows.