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SOLARWORLDBSESOLARWORLD ENERGY SOL LTD· ConstructionHighNegative
Announced Wed, 30 Sept, 2026 · 18:52 IST

Solarworld Energy Solutions gets GST Show Cause Notice for FY 2022-23

Regulatory & Legal View source PDFExplain this filing

SOLARWORLD · 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
-2.8%Reaction day
₹128.81
prior close
₹129.71
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-1.5% vs market
Civil Construction peers, median of 99sector-1.1%-1.7% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.7 pts less than its Civil Construction 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
5m
+1.0
10m
+0.8
15m
+2.1
30m
+1.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.8-1.3-1.5-1.1-1.7
Next day
-3.3-1.3-2.1-1.8-1.6
2d
+1.6+0.0+1.5-1.1+2.7
3d
+1.8-0.2+2.0-1.1+2.9
4d
-2.3-3.0+0.7-2.4+0.1
5d
+0.9-2.7+3.6-2.6+3.5
1w
-1.0-1.7+0.7-1.6+0.6
15d
-15.3-8.9-6.5-8.7-6.7
1m
—————
2m
—————
3m
—————
UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

Solarworld Energy Solutions got a GST Show Cause Notice dated Sept 29, 2026 from UP tax authorities on alleged discrepancies in FY 2022-23 returns. Issues include unreconciled ITC, credit notes of Rs. 2.83 crore, e-way bill concerns, and Rs. 60.16 crore in outstanding trade payables. Proposed liability is Rs. 5.39 crore covering tax, interest, and penalty. Reply due Oct 29 with personal hearing on Oct 30. Company expects no material impact.

Likely market impact

Early stage matter, no confirmed liability yet. Potential exposure around Rs. 5.39 crore. Management confident of a strong case. Watch hearing on Oct 30.