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

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REDINGTON · 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

-2.2%Reaction day

₹251.60

prior close

₹253.20

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%-2.7% vs market

Trading & Distributors peers, median of 132sector-0.5%-1.7% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Smallcap 250 and 1.7 pts less than its Trading & Distributors 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

-0.6

10m

-0.5

15m

+0.0

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2+0.4-2.7-0.5-1.7

Next day

-4.3-0.2-4.1-0.9-3.4

-3.2+0.5-3.7-1.5-1.8

-2.5+0.6-3.1-1.7-0.8

+9.6-0.5+10.0-1.6+11.2

+3.8-2.4+6.1-4.8+8.6

-0.6-3.1+2.5-5.0+4.3

15d

-9.2-6.7-2.5-8.2-1.0

-17.8-10.8-7.0-10.3-7.5

-12.4+4.0-16.4+3.1-15.5

-11.0+6.4-17.4-1.1-9.9

UpDownMarket · Nifty Smallcap 250Sector · Trading & Distributors peers, median of 132Pending

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

AI summary

Redington Limited has received a favourable order from the Commissioner of Income Tax (Appeals) dated 10 February 2026, quashing a tax demand of INR 136.25 Crore for Assessment Year 2021-22. The original demand was raised by the Assessing Officer and intimated to the stock exchange on 29 December 2023. The company contested the demand before appellate authorities and has now won the appeal. The company has stated the financial impact on operations is NIL, as no liability now stands.

Likely market impact

This is a positive development for Redington shareholders — the quashing of a Rs 136.25 Crore tax demand removes a significant contingent liability from the company's books. It removes uncertainty around a large potential outflow and should be viewed favourably by the market.