GST inspection underway at Sudarshan Chemical's Maharashtra offices and units

Enforcement RaidRegulatory & Legal View source PDF Explain this filing

SUDARSCHEM · 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

-0.9%Reaction day

₹1242.50

prior close

₹1245.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.0%-0.9% vs market

Dyes And Pigments peers, median of 9sector-0.5%-0.5% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.5 pts less than its Dyes And Pigments 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

+0.1

10m

+0.0

15m

+0.1

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+0.0-0.9-0.5-0.5

Next day

-0.2+1.3-1.5+1.5-1.7

-1.5+1.1-2.6+0.7-2.2

-5.1-1.7-3.4-1.8-3.3

-6.0-1.4-4.5-0.2-5.8

-7.1-0.6-6.4+0.2-7.3

-8.0+0.3-8.3+2.0-10.0

15d

-16.8-6.1-10.7-2.1-14.6

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UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 9Pending

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

AI summary

Maharashtra State GST officials initiated an inspection/search at Sudarshan Chemical's offices and manufacturing units in Maharashtra on 1 October 2026 under Section 67 of the Maharashtra GST Act, 2017. The Deputy Commissioner of State Tax, Mumbai is the authority. The company is cooperating fully and states there is no material impact on financials or operations at present. No violations have been communicated yet.

Likely market impact

No material financial or operational impact cited right now. Outcome could affect future tax liabilities; watch for further updates.