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

Regulatory & Legal View source PDF Explain this filing

NTPC · 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

-1.3%Reaction day

₹382.00

prior close

₹365.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.3%-0.0% vs market

Power Generation peers, median of 27sector-3.8%+2.5% vs sector

On the reaction day the stock moved in line with Nifty 100 and 2.5 pts more than its Power Generation 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

+3.5

10m

+3.2

15m

+3.4

30m

+3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-1.3-0.0-3.8+2.5

Next day

-4.5-3.0-1.5-6.6+2.1

-1.1-1.8+0.7-4.1+3.0

-0.2-2.9+2.7-4.9+4.7

-1.6-4.7+3.1-7.6+6.0

-1.2-3.6+2.5-5.3+4.1

+2.3-5.9+8.2-1.1+3.4

15d

-1.8-9.3+7.4-5.4+3.5

-6.0-10.0+4.0-3.4-2.6

+4.8-3.3+8.1+16.4-11.6

-3.8-5.4+1.6+10.8-14.7

UpDownMarket · Nifty 100Sector · Power Generation peers, median of 27Pending

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

AI summary

NTPC has received an order from the Additional Commissioner CGST & Central Excise, Patna-1 (Bihar) demanding tax, interest, and penalty under Section 74 of the CGST Act, 2017 and Bihar GST Act, 2017, relating to FY 2019-20 and FY 2020-21. The alleged issue is reversal of Input Tax Credit (ITC) with respect to credit notes where ITC was not actually availed. The order raises a demand of approximately ₹9.98 crore in tax, ₹9.98 crore in interest, and ₹19.97 crore in penalty. NTPC has stated it will file an appeal before the First Appellate Authority, CGST & Central Excise (Appeals), Patna within the prescribed timeline, and has clarified that the order has no material impact on its financials, operations, or other activities.

Likely market impact

The total tax demand of around ₹40 crore is small relative to NTPC's size and the company has stated it is not material. Investors should monitor the appeal outcome, but near-term impact on the stock is likely limited.