GRAVITABSEGravita India LtdMinimalNeutral
Announced Sat, 16 May · 18:58 IST

Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015.

GRAVITA · price

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Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹1688.00
prior close
₹1680.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-2.2-2.4-2.5-4.1-4.5-2.5-2.5-1.8-1.1-6.0+2.3+7.2
Up moveDown movePending
AI summary

Gravita India Ltd has received a penalty order dated 16th May, 2026 from the Office of Assistant Commissioner, Ghaziabad, Uttar Pradesh. A penalty of Rs. 1,65,863 (approximately Rs. 1.66 lakh) has been imposed under Section 129 of the Goods and Services Tax Act, 2017. The violation relates to a discrepancy where the place of loading mentioned in documents differed from the actual place of loading. The company has clarified that there is no material impact on its financial or operational activities, except for the penalty amount itself.

Likely market impact

This is a relatively minor compliance matter with a small monetary penalty that the company has disclosed proactively. The stock is unlikely to see any significant reaction given the company's explicit statement that there is no material impact on operations.