MEGASTARBSEMegastar Foods LtdHighNegative
Announced Tue, 30 Jun · 11:26 IST

GST appeal update before Commissioner Appeals Ludhiana

Regulatory & Legal View source PDF

MEGASTAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹361.85
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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.