GST Show Cause Notice of about Rs 4.98 crore for FY 2020-21

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

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

-4.0%Reaction day

₹2.23

prior close

₹2.29

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-4.3% vs market

Other Textile Products peers, median of 194sector-0.1%-3.9% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 3.9 pts less than its Other Textile Products 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

+1.3

10m

+2.2

15m

-3.9

30m

-6.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.0+0.3-4.3-0.1-3.9

Next day

-4.0-0.7-3.4-0.6-3.4

-3.1-1.2-1.9-1.1-2.1

-4.0-0.7-3.4-0.7-3.3

+0.4+0.0+0.4+0.0+0.4

+0.9+0.4+0.5-0.5+1.4

-4.5+0.8-5.3-0.9-3.6

15d

-12.6-0.0-12.5-2.4-10.2

-9.0-0.8-8.2-3.4-5.5

—————

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 194Pending

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

AI summary

Kallam Textiles received a GST Show Cause Notice dated 27 Aug 2026 from the Additional Commissioner (ST), Vijayawada, for FY 2020-21. The demand covers tax, interest and penalty of Rs 4.98 crore under Section 73(1) of the APGST Act 2017. The company is already under CIRP. It disagrees with the notice and will take appropriate action.

Likely market impact

Adds to existing insolvency stress; potential Rs 4.98 crore liability if notice is upheld