Gopal Snacks Limited has informed the Exchange about GST Updates

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GOPAL · price

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

-0.9%Reaction day

₹301.50

prior close

₹300.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.5%+0.6% vs market

Packaged Foods peers, median of 36sector-0.2%-0.7% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.7 pts less than its Packaged Foods 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

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15m

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30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-1.5+0.6-0.2-0.7

Next day

+3.2-2.2+5.4-0.3+3.5

+2.8-1.2+4.0+0.5+2.2

+4.4-0.9+5.4+0.4+4.0

+2.9-2.3+5.3-0.3+3.2

+2.8-2.5+5.3-0.0+2.9

-4.5-3.6-0.9-0.5-3.9

15d

-6.1-10.4+4.3-9.2+3.1

-10.1-11.3+1.2-8.1-2.0

-12.4-3.6-8.8-5.3-7.1

-2.1+3.9-5.9-4.3+2.2

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 36Pending

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

AI summary

Gopal Snacks Limited has received a Form GST DRC-07 dated 12.02.2026 from the CGST office in Mouda, Nagpur, dropping the proposed GST demand against the company. The demand of ₹17,45,716 (comprising IGST of ₹8,36,425, CGST of ₹4,54,646 and SGST of ₹4,54,646) related to alleged excess availment of input tax credit between April 2020 and March 2023. No tax, interest, or penalty is now payable by the company. The company has stated there is no impact on its financial, operational, or other activities.

Likely market impact

Positive development for shareholders — the company has been cleared of a tax demand, removing a small but lingering liability. The amount is minor (~₹17.5 lakhs) relative to typical company financials, so the stock price impact is likely negligible, but it eliminates a compliance overhang.