Matrimony.Com Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & 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

-0.0%Reaction day

₹431.70

prior close

₹437.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-1.1% vs market

Internet & Catalogue Retail peers, median of 6sector+1.0%-1.0% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.0 pts less 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

-1.8

10m

-2.3

15m

-2.6

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+1.1-1.1+1.0-1.0

Next day

+0.2+1.4-1.2+3.0-2.8

+2.1+5.6-3.5+7.2-5.0

+0.5+5.6-5.0+6.2-5.7

+0.5+7.8-7.3+8.9-8.3

-1.6+7.8-9.3+7.8-9.3

+4.5+11.8-7.3+6.3-1.8

15d

+0.3+15.8-15.5+8.1-7.8

-0.4+18.9-19.3+8.3-8.7

-6.4+17.7-24.1+3.5-9.9

+4.0+27.5-23.5+3.0+1.0

UpDownMarket · Nifty Microcap 250Sector · Internet & Catalogue Retail peers, median of 6Pending

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

AI summary

Matrimony.Com Limited has received orders from GST departments in Tamil Nadu, Kerala, Maharashtra, and Karnataka imposing penalties totaling Rs. 10.24 crore under Section 74 of the CGST Act 2017. The violations relate to blocked input tax credit, excess distribution of common input services under ISD, and ineligible ITC claims during the period April 2019 to March 2023. The company also faces tax demands of Rs. 10.23 crore and interest demands of Rs. 9.13 crore in Tamil Nadu and Rs. 51.52 lakh in Kerala. The company states there is no material impact on financials or operations and plans to file appeals, believing it has a strong case based on expert legal opinion.

Likely market impact

While the total penalty and demand amount exceeds Rs. 20 crore, the company claims no material financial impact. However, the multi-state nature of the penalties and ongoing tax disputes could create uncertainty. The company plans to contest these orders legally.