Mukka Proteins: GST litigation fully resolved with nil demand

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MUKKA · 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

+0.5%Reaction day

₹24.00

prior close

₹23.91

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.8% vs market

Food Products peers, median of 88sector · industry level+0.4%+0.1% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.1 pts more than its 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

Stock

+0.7

10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.5+1.3-0.8+0.4+0.1

Next day

+0.9+2.6-1.8+1.0-0.1

+0.9+2.7-1.8+0.7+0.1

+0.6+2.1-1.5+0.6+0.1

+0.3+1.6-1.4+0.6-0.4

-0.6+0.8-1.4+0.0-0.6

+0.4+2.2-1.8+1.2-0.8

15d

-7.5-1.6-5.9-3.1-4.5

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-1.7-1.6-0.1-4.4+2.7

-11.4-10.5-0.9-14.3+2.9

UpDownMarket · Nifty Microcap 250Sector · Food Products peers, median of 88Pending

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

AI summary

Mukka Proteins received a final GST order dated 18 December 2025 from the State Tax Officer, Porbandar, for FY 2021-22. The proceedings, which earlier proposed a demand of about Rs 141.06 crore (later reduced to Rs 27.16 lakh after the company replied), have been dropped. The final order reflects nil demand towards tax, interest, penalty or late fee. The litigation stands fully resolved in favor of the company with no financial liability subsisting.

Likely market impact

Positive: the earlier Rs 141 crore GST demand overhang is fully cleared with zero liability, removing a major risk for shareholders.