GST demand of 81.16 lakh raised on Jubilant FoodWorks, company to appeal

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

+0.6%Reaction day

₹560.00

prior close

₹559.80

announcement price

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.4%+1.0% vs market

Restaurants peers, median of 10sector-0.1%+0.7% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Midcap 150 and 0.7 pts more than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Midcap 150Sector · Restaurants peers, median of 10Pending

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AI summary

Jubilant FoodWorks received a GST demand order from the Assistant Commissioner, CGST Division-I, Mohali dated December 25, 2025. The order demands GST of 81.16 lakh, an equal penalty of 81.16 lakh, plus applicable interest, alleging excess eligible ITC claimed under the Input Service Distribution mechanism for FY 2018-19 to 2020-21. The company states the order is incorrect, plans to file an appeal, and expects the demand to be dropped. No material financial or operational impact is expected.

Likely market impact

Minor tax demand of 1.62 crore plus interest, company is contesting. No material impact on financials or operations per management.