IT Department search on Man Industries concluded

Enforcement RaidRegulatory & Legal View source PDF Explain this filing

MANINDS · 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

-0.0%Reaction day

₹402.05

prior close

₹402.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.1% vs market

Iron & Steel Products peers, median of 94sector+0.3%-0.4% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.4 pts less than its Iron & Steel 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

+1.6

10m

+2.6

15m

+2.0

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+0.1-0.1+0.3-0.4

Next day

-1.5-0.5-1.0+0.1-1.6

-2.3-1.0-1.3-0.4-1.9

-3.6-1.8-1.8-0.3-3.3

-4.5-1.8-2.6-0.0-4.5

-3.8-0.4-3.3+1.4-5.1

-1.0+0.7-1.7+2.3-3.3

15d

-14.2-3.9-10.3-2.2-12.0

-22.4-9.4-13.0-7.4-15.0

+9.4-4.1+13.5-3.8+13.2

-14.9-16.1+1.1-15.8+0.9

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 94Pending

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

AI summary

The Income Tax Department carried out a search on Man Industries India Limited, which concluded on December 22, 2025. The company says it cooperated with the officials and that there was no disruption to regular business operations.

Likely market impact

Tax searches may signal regulatory scrutiny. Company says no business disruption; potential tax liability remains a watch item.