Powerica gets GST demand notice of about Rs 5.68 lakh from MIDC

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POWERICA · price

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

-0.6%Reaction day

₹500.00

prior close

₹493.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.0%+1.4% vs market

Heavy Electrical Equipment peers, median of 33sector-3.3%+2.7% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 2.7 pts more than its Heavy Electrical Equipment 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

+1.7

10m

+2.1

15m

+2.8

30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-2.0+1.4-3.3+2.7

Next day

-3.3-0.1-3.2-1.7-1.6

-6.4-1.6-4.8-3.5-2.9

-10.6-2.7-7.9-5.1-5.5

-8.0+0.3-8.3-2.3-5.7

-3.5+2.0-5.5-1.0-2.5

+6.8+3.7+3.1+1.5+5.3

15d

+23.0+5.2+17.8+0.9+22.1

+8.2+3.3+4.9-4.9+13.1

+6.6+9.0-2.4-4.9+11.5

+6.0+11.8-5.8-8.3+14.3

UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 33Pending

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

AI summary

Powerica Limited received a demand notice from Maharashtra Industrial Development Corporation (MIDC) for recovery of GST of about Rs 5,67,694.87 for a past period. The notice was received on June 5, 2026 and relates to FY 2026-27. The company has stated there is no material impact on financials, operations, or other activities. No penalty, restriction, or sanction has been imposed. The company is in the process of deciding an appropriate course of action.

Likely market impact

Minor GST demand of about Rs 5.68 lakh from MIDC; company says no material financial or operational impact.