Tax demand of Rs 22.10 crores fully deleted for AY 2020-21

Regulatory & Legal View source PDF Explain this filing

JUBLPHARMA · price

Loading chart…

▲ 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

+2.0%Reaction day

₹1009.00

prior close

₹1020.70

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.1%+1.9% vs market

Pharmaceuticals peers, median of 164sector-0.1%+2.1% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Smallcap 250 and 2.1 pts more than its Pharmaceuticals 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

+0.3

10m

+0.3

15m

+0.5

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.1+1.9-0.1+2.1

Next day

+1.3-0.5+1.8-1.0+2.3

+1.6-0.4+2.0-0.6+2.2

-0.4+0.0-0.4-0.5+0.1

-1.9-1.3-0.6-1.8-0.1

-3.6-2.5-1.1-2.8-0.8

-3.5-1.5-2.0-1.8-1.7

15d

-8.0+1.4-9.5-1.5-6.5

-14.3+1.2-15.5-1.2-13.1

-0.6-1.3+0.7-1.4+0.8

-7.3-2.5-4.8-3.3-4.1

UpDownMarket · Nifty Smallcap 250Sector · Pharmaceuticals peers, median of 164Pending

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

AI summary

Company received a rectification order from the Income Tax Department on July 15, 2026, deleting a tax demand of Rs 22.10 crores in its entirety for Assessment Year 2020-21. The company had filed a rectification application against the original assessment order. A separate appeal on merit grounds is still being pursued before ITAT.

Likely market impact

Positive: Rs 22.10 crores tax demand fully deleted, though merit appeal before ITAT continues