Additional Details for Corporate Announcement filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
PATANJALI · price
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On the reaction day the stock moved 4.1 pts less than Nifty Midcap 150 and 2.5 pts less than its Edible Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Patanjali Foods has clarified to BSE the reason for a slight delay in disclosing a show cause notice (SCN) received from the State Tax Department's Enforcement branch in Uttarakhand. The SCN was emailed on Saturday, May 30, 2026 after office hours, followed by a Sunday holiday and the concerned officer being on leave on Monday, June 1. The notice came to the company's attention on June 2, the same day the disclosure was filed with the stock exchanges. The letter is essentially a procedural explanation responding to BSE's query for additional details on the original June 2 announcement. No details about the substance, quantum, or nature of the alleged tax violation have been disclosed in this filing.
No immediate financial impact on shareholders — this is a procedural clarification. However, investors should watch for further disclosures about the show cause notice itself, as it could relate to a potential tax demand or penalty that may affect future earnings if the matter is decided against the company.