G R Infraprojects challenges GST show cause notice in MP High Court

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

+0.1%Reaction day

₹811.05

prior close

₹809.20

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.2% vs market

Civil Construction peers, median of 97sector-0.2%+0.3% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.3 pts more than its Civil Construction 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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Reaction day

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Next day

-0.9-1.3+0.4-2.1+1.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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AI summary

G R Infraprojects has filed a writ petition before the Madhya Pradesh High Court in Indore, challenging a show cause notice (DRC-01) received from the GST Department, Ratlam Division, under Section 74 of the CGST and MPGST Acts. The original notice was issued on 25 August 2026 by the Joint Commissioner of State Tax. The company is contesting the order and no settlement or financial impact has been disclosed yet.

Likely market impact

Litigation is ongoing and outcome is uncertain. Investors should watch for court updates and any potential financial impact if the notice is upheld.