SRFNSESRF Limited· Textiles - SyntheticMediumNegative
Announced Tue, 31 Mar · 11:25 IST

SRF Limited has informed the Exchange about Action(s) initiated or orders passed

Regulatory & Legal View source PDF

SRF · price

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▲ 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
-0.9%1-day move
₹2440.00
prior close
₹2500.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.9+1.0+0.1-0.9-0.2-1.6+0.0-1.6+0.0+2.2+4.8+10.7+11.9
Up moveDown movePending
AI summary

SRF Limited has received a demand order from the Additional Commissioner of CGST and Central Excise, Chennai North Commissionerate, for Rs. 1.03 crore along with an equal amount as penalty and applicable interest. The demand relates to the disallowance of certain CENVAT credit claimed by the company for the period 2005–2011. The order was received on March 30, 2026. The total potential financial impact could be around Rs. 2.06 crore plus interest. The company has stated it is examining the order and plans to file an appeal. Management does not expect any material adverse impact beyond the disclosed amount.

Likely market impact

The financial exposure is relatively small compared to SRF's overall size, and the company intends to appeal. Shareholders are unlikely to see a significant negative impact on the stock, though the matter will be watched for the appeal outcome.