Announced Thu, 18 Jun · 11:43 IST
Subsidiary Kalpataru Properties Thane files GST appeal with Appellate Tribunal
Regulatory & Legal View source PDF
KALPATARU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹330.20
prior close
₹326.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.1-0.1-0.0-1.2-1.6-4.0-3.8-7.0-9.5-13.2-16.7——
Up moveDown movePending
AI summary
Kalpataru Limited announced that its wholly owned subsidiary, Kalpataru Properties (Thane) Ltd, has filed appeals before the GST Appellate Tribunal. The company has not disclosed the disputed amount or the specific GST matter under challenge. The appeal indicates the subsidiary is contesting a tax demand or order. Further details on the quantum and outcome are awaited.
Likely market impact
Tax disputes can create uncertainty; impact on financials depends on the disputed amount and outcome of the appeal.