Stamp duty penalty of Rs 1.23 crore for delayed NCLT order filing

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KPITTECH · 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

+4.4%Reaction day

₹584.85

prior close

₹590.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.0%+4.4% vs market

Computers - Software & Consulting peers, median of 64sector+1.3%+3.2% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Midcap 150 and 3.2 pts more than its Computers - Software & Consulting 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

+1.9

15m

+2.7

30m

+3.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.4-0.0+4.4+1.3+3.2

Next day

+0.0+0.1-0.1+0.1-0.0

+0.9-1.1+2.0+0.0+0.9

+0.4-1.7+2.0-0.3+0.7

-0.3-1.2+0.9-0.5+0.2

-1.6-1.4-0.2-0.4-1.2

-3.9-1.8-2.1-2.0-1.9

15d

-8.1-2.9-5.2-3.8-4.3

-13.0-6.1-6.9-5.5-7.5

-5.5-10.4+4.9-9.0+3.5

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UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 64Pending

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

AI summary

KPIT Technologies received an adjudication order from the Collector of Stamps imposing a penalty of Rs 1,23,14,040 on it and Birlasoft Limited. The penalty is for a 4-day delay in lodging the NCLT order with Stamp Authorities, linked to the Composite Scheme of Arrangement between Birlasoft India, Birlasoft Limited, and KPIT Technologies. The Company confirms there is no material impact on its financials or operations.

Likely market impact

Minor penalty with no material financial or operational impact, as confirmed by the Company.