Wins tax dispute; Rs. 502.51 lakh CGST demand dropped

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INSPIRISYS · price

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

-0.1%Reaction day

₹89.03

prior close

₹88.69

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+0.4% vs market

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250, 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

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Reaction day

-0.1-0.5+0.4

Next day

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AI summary

Inspirisys Solutions has won a tax dispute with CGST and Central Excise, Chennai North. The case involved an alleged excess Input Tax Credit claim of Rs. 502.51 lakhs for FY 2021-22. The final order received on 24th December 2025 dropped the entire demand in the company's favour, with no penalty. This updates an earlier intimation from September 2025 about pending material litigations.

Likely market impact

Positive - removes a Rs. 502.51 lakh tax demand liability with no penalty. Strengthens the financial position and clears an overhang on the stock.