JSW Dulux receives Delhi GST show cause notice for about Rs 52.68 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

+1.8%Reaction day

₹3028.20

prior close

₹3048.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.2%+1.6% vs market

Paints peers, median of 8sector+1.1%+0.8% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Smallcap 250 and 0.8 pts more 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

+0.1

10m

+0.4

15m

+0.2

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.2+1.6+1.1+0.8

Next day

-0.9+0.2-1.1+0.4-1.3

+0.8+0.1+0.7-0.3+1.1

+4.0+0.3+3.7-0.7+4.8

+2.4+0.1+2.3-0.6+3.0

+3.2+0.2+3.0-0.5+3.7

+4.4-0.1+4.4+0.1+4.2

15d

+3.2+0.6+2.6-2.9+6.1

+5.2+0.9+4.3-5.9+11.1

-0.3-2.3+2.0-11.3+11.0

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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 (formerly Akzo Nobel India) received a show cause notice from Delhi GST Department on 5 Aug 2026 under Section 74 of CGST Act for FY2020-24. The notice disallows Input Tax Credit for April 2020 to March 2024, with total liability of about Rs 52.68 lakh including tax of Rs 52.22 lakh, interest of Rs 46,254, and applicable penalty. The company plans to respond within the stipulated time.

Likely market impact

Minor tax dispute worth about Rs 52.68 lakh. Likely no material impact on operations or financials. Outcome pending response.