GST appeal update before Commissioner Appeals Ludhiana

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MEGASTAR · price

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Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹361.85

prior close

₹360.65

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+0.1% vs market

Other Food Products peers, median of 26sector-0.2%+1.4% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 1.4 pts more than its Other Food 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

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Sessions after the filingfrom the prior close

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Reaction day

+1.1+1.0+0.1-0.2+1.4

Next day

+2.0+1.2+0.8-0.7+2.8

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15d

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-15.1+6.6-21.7+5.5-20.6

-31.2+5.5-36.7-3.9-27.4

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 26Pending

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

AI summary

Megastar Foods received a communication from Commissioner (Appeals), Ludhiana on 29/06/2026, giving the company an opportunity to file a counter reply in two GST matters. The GST Department has appealed against the dropping of a demand of about Rs. 6.23 crore. The company has separately appealed against a confirmed demand of about Rs. 1.83 crore plus interest and penalty. The company states there is no immediate financial or operational impact, and the outcome can only be assessed after the Commissioner passes an order.

Likely market impact

No immediate financial impact per company. Final Commissioner order could affect financials; watch for next hearing.