Nilkamal pays Rs 4.33 lakh GST mismatch demand

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NILKAMAL · price

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

+0.4%Reaction day

₹1551.70

prior close

₹1555.40

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-0.4% vs market

Plastic Products - Consumer peers, median of 6sector+0.3%+0.1% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.1 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

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Consumer peers, median of 6Pending

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

AI summary

The Gurugram CGST audit office raised a demand of Rs 432,942 for input tax credit mismatches for FY2019-20 through FY2023-24. It included tax of Rs 260,905, interest of Rs 168,057 and penalty of Rs 3,980. Nilkamal has paid the demand and received the final audit report.

Likely market impact

The paid demand is small, and the company says it has no material financial or operational impact.