Infosys gets Rs 8.28 crore CGST penalty order for FY2018-19 to FY2022-23

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

+1.6%Reaction day

₹1602.00

prior close

₹1610.50

announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.1%+1.6% vs market

Computers - Software & Consulting peers, median of 67sector-0.1%+1.7% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty 100 and 1.7 pts more than its Computers - Software & Consulting 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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Reaction day

+1.6-0.1+1.6-0.1+1.7

Next day

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UpDownMarket · Nifty 100Sector · Computers - Software & Consulting peers, median of 67Pending

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

AI summary

Infosys received a penalty order of about Rs 8.28 crore from the Joint Commissioner of CGST on December 16, 2025. The demand relates to alleged disallowance of Blocked Input Tax Credit, Excess ITC, wrong head, and invoices not in 2A for FY 2018-19 to FY 2022-23. The company stated there is no material impact on financials, operations, or other activities.

Likely market impact

Minor tax penalty with no material impact on financials or operations. Company likely to contest the order.