Madhav Copper Limited has informed the Exchange about Action(s) initiated or orders passed
MCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.9 pts more than its Aluminium Copper & Zinc Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Madhav Copper Limited has received an order dated 26th June 2025 from the Joint Commissioner of Income Tax, Bhavnagar, under Section 148A(3) of the Income-tax Act, 1961. This follows a Show Cause Notice received on 31st March 2025, to which the company had already filed a reply. The order relates to alleged income escaping assessment. The company is now reviewing the order and will decide on the next steps, including possible appeal. The company has stated that at this stage it foresees no impact on its financial position, operations, or other activities.
For retail investors, this is an income tax dispute that the company is still evaluating. Since the company itself says there is no expected material impact, the immediate risk to shareholders is low, but investors should watch for further updates on whether the company appeals and any subsequent quantification of the tax demand.