Mukka Proteins Limited has informed the Exchange about receipt of GST Notices

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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

-0.7%Reaction day

₹26.90

prior close

₹26.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+1.0% vs market

Food Products peers, median of 80sector · industry level-0.4%-0.4% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.4 pts less 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

-0.6

10m

-0.7

15m

-1.0

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-1.7+1.0-0.4-0.4

Next day

-0.4-2.4+2.0-0.7+0.3

-0.9-2.6+1.7-0.7-0.2

+0.3-1.3+1.6-0.5+0.8

+4.2-0.5+4.7-0.4+4.6

+3.0+0.5+2.5+0.6+2.4

+3.6-0.2+3.8+0.3+3.4

15d

+3.9+2.7+1.3+1.7+2.3

-1.5-1.8+0.3-1.6+0.1

-6.2+0.6-6.9-3.0-3.2

-7.4-1.5-5.9-6.1-1.3

UpDownMarket · Nifty Microcap 250Sector · Food Products peers, median of 80Pending

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

AI summary

Mukka Proteins has received two GST notices from the Directorate General of GST Intelligence (DGGI), Belagavi Zonal Unit, alleging ineligible claim of Input Tax Credit (ITC) on services availed in connection with its IPO. The disputed period covers FY 2021-22 to 2024-25. The tax authority has raised a total demand of approximately ₹7.82 crore (₹4.37 crore for FY21-24 and ₹3.45 crore for FY25), including tax, interest, and penalty, with a deadline of 27.08.2025 to either pay or respond. The company has stated that the demand is not maintainable, plans to file an appeal, and does not foresee any material impact on its financials or operations.

Likely market impact

While the demand of ~₹7.82 crore is not negligible, the company's confidence in contesting it and the lack of expected operational impact suggest limited long-term damage. Short-term, the stock may see mild negative sentiment as investors assess the tax dispute risk.