GST audit order for FY2021-22 with demand already paid

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.3% vs market

Logistics Solution Provider peers, median of 43sector-0.5%+0.5% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.5 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Navkar received a Gujarat GST order dated September 18, 2025 after completion of its FY2021-22 audit. The demand is Rs 62,058, comprising Rs 24,788 tax and Rs 37,270 interest. The company had already paid this amount during the audit proceedings.

Likely market impact

No material financial impact is expected because the Rs 62,058 demand was already paid, and no new material cost is disclosed.