Kirloskar Oil Engines Limited has informed the Exchange about Action(s) initiated or orders passed

Regulatory & Legal View source PDF Explain this filing

KIRLOSENG · price

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

-3.0%Reaction day

₹972.00

prior close

₹956.30

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%-2.3% vs market

Compressors Pumps & Diesel Engines peers, median of 12sector-0.7%-2.3% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Smallcap 250 and 2.3 pts less than its Compressors Pumps & Diesel Engines 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

-0.1

15m

-0.3

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0-0.7-2.3-0.7-2.3

Next day

-6.0-2.8-3.2-2.6-3.4

-5.3-2.9-2.5-3.4-2.0

-5.0-2.7-2.2-2.4-2.6

-4.7-1.7-3.0-3.2-1.5

-7.2-0.9-6.3-1.2-5.9

-9.2-0.7-8.5-1.8-7.4

15d

-8.7-0.5-8.2-5.9-2.8

-3.3+1.0-4.3-4.1+0.8

+18.9-3.1+22.0-11.0+29.9

+30.9-3.2+34.1-13.0+43.8

UpDownMarket · Nifty Smallcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 12Pending

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

AI summary

Kirloskar Oil Engines has received a Show Cause Notice dated 24th September 2025 from the Maharashtra State Tax Department in Pune. The notice relates to an Input Tax Credit (ITC) mismatch for FY 2021-22 under the GST laws. The total demand raised is approximately Rs. 18.7 crore, comprising a tax demand of Rs. 9.74 crore, interest of Rs. 7.62 crore, and a proposed penalty of Rs. 1.34 crore. The company has stated it does not foresee any material impact on its financial position or operations. The company is likely to respond to the notice through the appropriate legal channels.

Likely market impact

The demand of ~Rs. 18.7 crore is a show cause notice and not a final order, so it carries no immediate financial impact. However, if the demand is upheld, it could affect future earnings. The company's own assessment suggests no material impact, which may limit near-term stock reaction.