Update on Industry Standards on Reg 30 of SEBI LODR - Action taken or order passed already intimated on 20 May 2025.

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NESCO · 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

-0.6%Reaction day

₹952.00

prior close

₹960.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-0.5% vs market

Diversified Commercial Services peers, median of 62sector-0.5%-0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.2 pts less than its Diversified Commercial Services 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.1-0.5-0.5-0.2

Next day

-0.8+0.5-1.4-0.0-0.8

-0.1+1.1-1.2-0.7+0.6

-0.6+1.0-1.7-0.8+0.2

-2.3+1.4-3.7-1.0-1.3

-3.2+1.7-4.9-1.4-1.7

-2.1+2.1-4.2-2.2+0.1

15d

+4.9+3.9+1.0+0.4+4.6

+6.9+1.2+5.6-2.7+9.6

+33.8+6.7+27.1-2.5+36.3

+50.5+2.7+47.9-7.2+57.8

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 62Pending

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

AI summary

Nesco Limited has received an intimation from the Office of the Assistant Commissioner of State Tax (GST), Gujarat, demanding payment of Rs. 1.79 crore in GST, Rs. 1.16 crore in interest, and Rs. 0.18 crore in penalty — totalling Rs. 3.13 crore. The demand relates to alleged excess input tax credit claimed on inward supplies for FY 2021-22, issued under Section 73(5)/74(5) of the CGST/IGST Act, 2017 via Form DRC-01A. The company plans to file its objection in Part B of the form within the stipulated time. Management has stated the intimation has no material impact on the company's financials, operations, or activities.

Likely market impact

While the Rs. 3.13 crore demand is relatively small for Nesco, investors should watch the company's response and any potential escalation. The management's 'no material impact' stance suggests they are confident in overturning the demand through the objection process.