Nuvoco Vistas Corporation Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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NUVOCO · price

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

+0.1%Reaction day

₹317.70

prior close

₹318.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%-0.2% vs market

Cement & Cement Products peers, median of 35sector+0.4%-0.3% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Smallcap 250 and 0.3 pts less than its Cement & Cement Products 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

-0.2

10m

-0.7

15m

-0.3

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.3-0.2+0.4-0.3

Next day

+2.7+0.3+2.4+1.1+1.6

+3.2-0.1+3.3+0.5+2.7

-1.2-1.6+0.4-1.6+0.4

+0.2-0.4+0.6-1.6+1.8

-0.6-0.3-0.2-2.1+1.6

+1.9+0.2+1.6-0.6+2.5

15d

+1.7+1.9-0.2-3.4+5.1

-1.4+3.3-4.7-2.2+0.8

+0.2+8.6-8.4-1.1+1.3

+5.9+9.7-3.8-2.8+8.7

UpDownMarket · Nifty Smallcap 250Sector · Cement & Cement Products peers, median of 35Pending

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

AI summary

Nuvoco Vistas Corporation Limited has disclosed that the Jurisdiction Assessing Officer, Mumbai issued a rectification order dropping a tax demand of Rs. 11.89 crores pertaining to FY 2022-23. The company had previously received an Assessment Order with certain disallowances that resulted in a proposed tax demand. The company filed a rectification application under Section 154 read with Section 143(3) of the Income Tax Act, 1961, which has now been accepted. The order was received on May 11, 2026. This represents a favorable outcome for the company as the entire tax demand has been dropped.

Likely market impact

Positive outcome for shareholders as the company successfully got a Rs. 11.89 crore tax demand dropped, removing a potential financial liability and cash flow risk.