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

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NILKAMAL · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹1674.00

prior close

₹1657.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-1.2% vs market

Plastic Products - Consumer peers, median of 5sector-1.0%+1.5% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.5 pts more than its Plastic Products - Consumer 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

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Reaction day

+0.5+1.6-1.2-1.0+1.5

Next day

+5.6+2.6+2.9+4.4+1.1

+5.1+3.4+1.7+5.1+0.0

+3.7+4.7-1.0+4.2-0.6

+6.9+3.6+3.4+5.6+1.3

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+3.3+8.4-5.0-1.4+4.8

+2.3+10.0-7.7-6.1+8.4

-6.5+4.7-11.2-5.3-1.2

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Consumer peers, median of 5Pending

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

AI summary

Nilkamal Limited informed the exchanges that CESTAT (Customs, Excise and Service Tax Appellate Tribunal), Mumbai has ordered dropping of proceedings related to a customs duty shortfall demand originally raised in May 2024 by the Commissioner of Customs, Jawaharlal Nehru Custom House. The demand was under sections 111(d), 114A, and 114AA of the Customs Act, 1962. The company had appealed, and the Commissioner of Customs (Appeals) had earlier set aside the original order and sent it back for fresh adjudication. Now CESTAT has passed a favorable order dropping the proceedings. The company states there is no material financial, operational, or other impact from this development.

Likely market impact

This is a positive outcome for Nilkamal shareholders — a potential customs duty liability has been cleared with no material financial impact, removing an overhang on the stock.