Navkar Corporation Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF Explain this filing

NAVKARCORP · 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

+4.6%Reaction day

₹106.30

prior close

₹109.28

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+2.9% vs market

Logistics Solution Provider peers, median of 39sector+1.0%+3.6% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.6 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.5

15m

+0.4

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.6+1.6+2.9+1.0+3.6

Next day

+4.3+2.6+1.6+1.6+2.7

+3.1+3.4-0.4+3.0+0.0

+3.0+4.7-1.7+4.9-1.9

+1.0+3.6-2.6+3.6-2.6

-0.3+4.4-4.6+4.4-4.7

+3.1+4.9-1.8+5.1-1.9

15d

+2.7+6.8-4.1+5.9-3.2

+6.3+8.4-2.1+7.6-1.3

+7.0+10.0-3.0+7.6-0.5

+11.0+4.7+6.3+0.4+10.6

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 39Pending

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

AI summary

Navkar Corporation Limited received an order from the Deputy Commissioner of State Tax, Sanpada (Raigad, Maharashtra) dated May 13, 2025, passed under Section 61 of the Goods & Service Tax Act, 2017 relating to scrutiny proceedings for FY 2022-23. The order raised a tax demand of Rs. 3,707 towards short reversal of Input Tax Credit (ITC) and interest of Rs. 23,401 towards late reversal of ITC, totalling Rs. 27,108. The company has stated that it has already paid the entire demanded amount during the scrutiny proceedings itself, so no further financial impact is expected.

Likely market impact

This is a routine, very minor GST compliance matter with a negligible monetary impact of just Rs. 27,108, which has already been paid. It is unlikely to have any material effect on the company's operations, financials, or stock price.