HCL-INSYSBSEHCL Infosystems LtdMediumPositive
Announced Tue, 5 May · 10:36 IST

HCL Infosystems Limited be and hereby informed regarding receipt of refund.

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HCL-INSYS · price

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

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹12.20
prior close
₹12.24
base price
In-mkt
timing
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-0.2+0.0+0.1+0.1+0.4+0.3+0.4-0.3-5.7-2.7-4.5+4.5-0.4
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AI summary

HCL Infosystems has received a VAT refund of INR 26.35 Crores from the Rajasthan Value Added Tax Authorities. The refund relates to a pre-deposit made in connection with a dispute over the taxability of batteries sold in composite packs along with mobile phones in the State of Rajasthan. The refund covers tax periods 2009-10 and 2011-12. The company disclosed this on May 5, 2026 under SEBI Listing Regulations.

Likely market impact

The refund represents a positive cash inflow of INR 26.35 Crores for the company, providing additional liquidity. However, this is a one-time tax-related event and not related to core business operations or revenue generation.