Announced Sat, 11 Jul · 21:01 IST
Income tax appeal partly allowed; company to file further appeal
Regulatory & Legal View source PDF
SAURASHCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹55.15
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.0+1.1+13.4+13.3+8.4+4.6————
Up moveDown movePending
AI summary
Saurashtra Cement received an Appellate order from the Commissioner of Income Tax (Appeals), NFAC dated 10 July 2026 partly allowing the company's appeal for Assessment Year 2020-21. The company states there will be no additional financial impact from this order. It is now filing a second appeal before the Income Tax Appellate Tribunal in Rajkot against the order.
Likely market impact
Neutral for now; partial tax relief with no extra financial impact. Further appeal pending at ITAT Rajkot.