JSW Dulux gets GST order on excess ITC claim, penalty of Rs 1.75 lakh

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JSWDULUX · price

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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

-2.7%Reaction day

₹3083.90

prior close

₹3040.50

announcement price

In-mkt

timing

Nifty Smallcap 250market-0.0%-2.6% vs market

Paints peers, median of 8sector-0.7%-1.9% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Smallcap 250 and 1.9 pts less than its Paints 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

+0.0

10m

-0.0

15m

-0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.0-2.6-0.7-1.9

Next day

-1.0-0.1-1.0+0.1-1.1

+2.1+0.1+2.0-0.4+2.6

+0.5-0.1+0.7-1.4+2.0

+1.3+0.0+1.3-0.7+2.0

+2.6-0.4+3.1-0.5+3.2

+0.5-0.1+0.6-1.1+1.6

15d

+0.8+0.7+0.1-4.5+5.3

+3.3+0.7+2.6-5.9+9.2

-1.8-2.4+0.6-11.1+9.3

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UpDownMarket · Nifty Smallcap 250Sector · Paints peers, median of 8Pending

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

AI summary

JSW Dulux received a GST order from the Tamil Nadu GST Department on Aug 6, 2026, for excess ITC claimed in Tran-1/2 for the period April 2017 to March 2018. The penalty amount is Rs 1.75 lakh. The order is open for further submissions and the company plans to respond within the stipulated time. The financial implication is small relative to the company's size.

Likely market impact

Minimal financial impact at Rs 1.75 lakh. Company is contesting, outcome pending. Negligible for stock price.