GST demand and penalty of about Rs 6.37 crore each received from tax authorities

Regulatory & Legal View source PDF Explain this filing

MAXHEALTH · price

Loading chart…

▲ 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

-0.1%Reaction day

₹1076.00

prior close

₹1079.20

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.8%-0.9% vs market

Hospital peers, median of 23sector+0.1%-0.2% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty 100 and 0.2 pts less than its Hospital 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

-0.1

10m

-0.1

15m

-0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+0.8-0.9+0.1-0.2

Next day

-0.1+0.8-0.9+0.7-0.8

+0.4+0.7-0.3+0.7-0.4

-0.3+0.4-0.7-0.1-0.2

-1.3-0.0-1.3-0.7-0.6

-2.7-0.0-2.7-1.3-1.4

-2.6+0.9-3.5+0.6-3.2

15d

-4.3-0.7-3.6-3.0-1.3

-7.1-2.4-4.7-7.8+0.7

+0.6-0.5+1.1-10.6+11.2

-11.4-12.8+1.4-16.8+5.4

UpDownMarket · Nifty 100Sector · Hospital peers, median of 23Pending

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

AI summary

Max Healthcare received a GST order from the Central GST Commissionerate, Delhi South, on December 19, 2025. The order raises a tax demand of about Rs 6.37 crore plus interest, and a separate penalty of equal amount (Rs 6.37 crore). The dispute relates to alleged discrepancies involving Input Tax Credit and tax recovery. The company states there is no other financial or operational impact. Management is filing an appeal against the order.

Likely market impact

Potential combined exposure of about Rs 12.73 crore plus interest if appeal fails. Company is contesting, no immediate material impact.