Announced Thu, 26 Mar · 11:56 IST

GTPL Hathway Limited has informed the Exchange about Action(s) taken or orders passed

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GTPL · price

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Price reaction · full curve 14 horizons · vs prior close

-3.6%1-day move

₹58.50

prior close

₹58.25

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.7-0.6-0.5-0.2-3.6+1.3+2.9+4.6+7.1+11.6+16.7+13.5+11.0+3.4

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AI summary

GTPL Hathway has received an order dated March 23, 2026 from the Office of the Principal Commissioner of CGST and Central Excise, Chennai North Commissionerate. The order alleges wrongful availment of input tax credit and short payment of GST, demanding a differential tax amount of Rs. 11.13 crore along with applicable interest and a penalty under Section 74 of the CGST Act, 2017. The company has stated it intends to file an appeal against this order. The order was received via speed post on March 25, 2026, and the company clarified there is no impact on its operations or other business activities.

Likely market impact

Shareholders should note a potential financial liability of Rs. 11.13 crore plus interest and penalty, though the company is contesting it via appeal. In the short term, this may create a minor overhang on the stock, but management has confirmed no disruption to ongoing business operations.