ANNOUNCEMENT REGARDING INCOME TAX SEARCH AT THE COMPANY PREMISES

Enforcement raidRegulatory & Legal View source PDF Explain this filing

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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

+2.0%Reaction day

₹52.93

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%+0.8% vs market

Chemicals & Petrochemicals peers, median of 183sector · industry level+0.9%+1.1% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.1 pts more than its Chemicals & Petrochemicals 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+1.2+0.8+0.9+1.1

Next day

+2.0+0.1+1.9+0.1+2.0

+0.5+0.9-0.4+0.5-0.1

-1.5+0.8-2.3+0.1-1.7

-3.5+1.4-4.9+0.6-4.1

-5.4+2.0-7.4+1.1-6.5

-9.2+2.3-11.4+1.3-10.5

15d

-2.7+5.2-7.9+3.2-5.9

-26.0+1.6-27.6+1.6-27.6

-27.3+7.7-34.9+6.2-33.4

-28.2+4.0-32.2+1.7-29.9

UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 183Pending

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

AI summary

Income tax officers initiated a search action against Hilltone Software and Gases Limited on May 14, 2025. The company has stated it is fully cooperating with the proceedings as required under the law. The company also requested condonation from the stock exchange for a delay in disclosing this information. No financial details or outcomes of the search have been shared yet.

Likely market impact

This is a negative development that may create uncertainty around the stock. Investors should watch for further updates on any potential tax liabilities, penalties, or findings from the search that could materially affect the company's financials.