Poly Medicure faces Rs 2.5 crore stamp duty demand from Delhi authority
POLYMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.8 pts more than its Medical Equipment & Supplies peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Poly Medicure received an order dated June 15, 2026 from Delhi's Collector of Stamps demanding alleged deficit stamp duty of Rs 1,00,25,820 plus a penalty of Rs 1,50,00,000 (total ~Rs 2.5 crore) on certain share allotments made between 2021 and 2024. The company says it had already paid stamp duty via NSDL/CDSL and argues the proceedings are not maintainable under the Indian Stamp Act. It is pursuing legal remedies and expects no material impact on financials or operations.
Rs 2.5 crore demand (stamp duty + penalty); company is legally contesting and says no material impact expected on operations.