Havells India Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF Explain this filing

HAVELLS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.5%Reaction day

₹1419.50

prior close

₹1424.50

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.9%+0.6% vs market

Consumer Electronics peers, median of 12sector+3.3%-1.8% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Midcap 150 and 1.8 pts less than its Consumer Electronics 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

-0.2

10m

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15m

-0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+0.9+0.6+3.3-1.8

Next day

+2.4+0.8+1.6+1.2+1.2

+5.9+0.6+5.3+2.9+3.1

+5.2+1.1+4.2+2.6+2.6

+4.3-0.8+5.1-1.3+5.5

+3.2-1.7+5.0-1.7+4.9

+0.6-2.0+2.6-2.6+3.2

15d

-8.8-5.6-3.2-10.7+1.9

-9.9-5.0-4.9-5.5-4.4

-4.3-4.0-0.3-9.7+5.4

-16.8-11.5-5.3-17.4+0.6

UpDownMarket · Nifty Midcap 150Sector · Consumer Electronics peers, median of 12Pending

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

AI summary

Havells India has informed the exchanges that it received an email from the Income Tax Department on 31st December 2025 imposing a penalty of ₹1,10,61,896 (about ₹1.11 crore) under Section 271(1)(c) of the Income Tax Act, 1961. The penalty relates to financial year 2009-10 (assessment year 2010-11). The company has stated there is no material impact on its financials, operations, or other activities. Havells plans to file an appeal before the Commissioner of Income Tax (Appeals) in consultation with its tax advisors.

Likely market impact

The penalty amount is small relative to Havells' overall size and the company has clarified there is no material financial impact. Shareholders are unlikely to see a meaningful effect on the stock, though the matter remains pending appeal.