Haryana tax authority orders HCL Infosystems to pay INR 1.23 crore

Regulatory & Legal View source PDF Explain this filing

HCL-INSYS · price

Loading chart…

▲ 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

+2.1%Reaction day

₹15.42

prior close

₹15.72

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+1.1% vs market

Computers Hardware & Equipments peers, median of 17sector-0.8%+3.0% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 3.0 pts more than its Computers Hardware & Equipments 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

+1.8

10m

+1.7

15m

+2.4

30m

+2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1+1.1+1.1-0.8+3.0

Next day

+2.7+0.3+2.4-1.0+3.7

+2.5-1.4+3.9-4.4+6.8

-1.6-1.0-0.6-2.6+1.0

-1.4-1.4-0.1-3.4+2.0

-2.9-1.6-1.3-2.5-0.4

-3.6-0.8-2.8-1.0-2.6

15d

-8.2-3.6-4.7-4.9-3.4

-9.5-4.0-5.4-6.3-3.2

-7.6-3.9-3.7-7.6+0.0

-17.4-8.4-9.0-15.3-2.1

UpDownMarket · Nifty Microcap 250Sector · Computers Hardware & Equipments peers, median of 17Pending

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

AI summary

HCL Infosystems received an October 30, 2025 demand order from the Haryana Excise and Taxation Officer for INR 1.23 crore. The demand relates to alleged unpaid pre-GST VAT dues from April 2012 to March 2016 and is sought under Section 142 of the CGST Act. The company is evaluating legal remedies.

Likely market impact

The order creates a potential INR 1.23 crore liability and legal uncertainty, but no final payment or loss is reported.