Madras High Court grants interim stay on GST demand order against Matrimony.com

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

MATRIMONY · 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

+5.2%Reaction day

₹427.00

prior close

₹430.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+4.5% vs market

Internet & Catalogue Retail peers, median of 7sector-0.6%+5.8% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 5.8 pts more than its Internet & Catalogue Retail 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

+0.5

10m

+1.3

15m

+1.1

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2+0.6+4.5-0.6+5.8

Next day

+1.5+0.2+1.3-1.0+2.4

+0.5-0.9+1.4-1.1+1.6

+0.9-0.3+1.2-3.5+4.4

+4.2+0.0+4.1-1.8+6.0

+0.7-1.1+1.9-3.6+4.3

+0.4-1.4+1.8-4.0+4.4

15d

+0.0+2.7-2.7-5.8+5.8

+27.6+3.6+24.0-8.8+36.4

+15.2+2.0+13.3-15.4+30.6

+25.6+1.1+24.6-18.4+44.0

UpDownMarket · Nifty Microcap 250Sector · Internet & Catalogue Retail peers, median of 7Pending

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

AI summary

Madras High Court granted an interim stay on a GST demand and penalty order (Form GST DRC 07) issued by the GST Authority Chennai against Matrimony.com on March 30, 2026. The stay will remain in effect until further orders. The company had filed a writ petition challenging the order, and this update follows an earlier disclosure made on April 2, 2026. The financial value of the demand has not been disclosed in this filing.

Likely market impact

Positive - the GST demand and penalty are temporarily paused, giving the company breathing room until the court decides the writ petition.