Tamil Nadu GST demand order of Rs 17.15 lakh for FY 2022-23

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

+0.4%Reaction day

₹550.00

prior close

₹540.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.0% vs market

Fast Moving Consumer Goods peers, median of 295sector · sector level-0.2%+0.6% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.6 pts more than its Fast Moving Consumer Goods 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

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10m

-1.4

15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.4-0.0-0.2+0.6

Next day

+3.8+2.1+1.6+0.8+2.9

+0.0pendingpending+0.5-0.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Fast Moving Consumer Goods peers, median of 295Pending

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

AI summary

Hindustan Foods received a Tamil Nadu tax demand dated October 22, 2026 for FY 2022-23. The total Rs 17,14,896 includes tax and penalty of Rs 14,43,996 plus interest of Rs 2,71,752. The order relates to tax credit claimed as ineligible under section 17(5) and other claimed credit. The company is contesting it.

Likely market impact

The company reports no material impact on finances or operations, though payment may be required if the challenge fails.