Gujarat Ambuja Exports Limited has informed the Exchange about update on disclosure of the Company dated 30th November, 2024 - Order passed by the Commissioner (Appeals) Central Tax, Indore

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

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₹112.10

prior close

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announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%+0.7% vs market

Other Agricultural Products peers, median of 55sector-0.6%+1.6% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.6 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Gujarat Ambuja Exports Limited received an order dated 7th July 2025 from the Commissioner (Appeals), Central Tax, Indore, which upheld a tax demand of Rs. 81.68 lakh along with an equal penalty of Rs. 81.68 lakh, plus applicable interest, relating to Financial Year 2021-22 under Section 107 of the CGST Act, 2017. The total potential liability comes to roughly Rs. 1.63 crore excluding interest. The company has stated there is no material impact on its financial operations. The company believes the order is arbitrary and unjustified and plans to file a further appeal before the Appellate Authority within the permissible timeline.

Likely market impact

For shareholders, the immediate financial hit is limited (about Rs. 1.63 crore plus interest) and the company has flagged no material impact, so a major stock price reaction is unlikely. However, the matter remains open and any future adverse ruling in the next appeal round could change that assessment.