Sudarshan Chemical Industries Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF Explain this filing

SUDARSCHEM · price

Loading chart…

▲ 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

-0.3%Reaction day

₹945.00

prior close

₹953.70

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-0.5% vs market

Dyes And Pigments peers, median of 8sector-0.8%+0.5% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.5 pts more 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

-0.9

10m

-1.3

15m

-1.2

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.2-0.5-0.8+0.5

Next day

+2.1+1.1+1.0-0.1+2.2

+2.5+1.4+1.1-1.7+4.3

+2.7+0.7+1.9-1.6+4.2

+3.3+0.7+2.5-2.6+5.9

+2.2-1.2+3.4-2.4+4.6

-2.2-3.7+1.5-6.3+4.1

15d

-6.3-9.0+2.6-9.7+3.3

-5.8-6.8+1.0-12.0+6.2

-9.5-7.6-1.9-15.4+5.8

-17.9-12.3-5.5-23.0+5.1

UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 8Pending

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

AI summary

Sudarshan Chemical Industries has received a GST order (Form DRC-07) from the Office of the Deputy Commissioner of State Tax, Chennai, dated 31st December 2025, for the financial year 2021-22. The total demand is Rs. 59.42 lakhs, which includes a tax demand of Rs. 53.67 lakhs and a penalty of Rs. 5.75 lakhs. The order was issued after a tax audit and the company's response to the initial notice. The company has stated that it has a strong case on all points raised and is in the process of filing an appeal before the appropriate authority. Importantly, the company has clarified that there is no material impact on its financial, operational, or other activities due to this order.

Likely market impact

The demand amount of about Rs. 59 lakhs is relatively small for a company of Sudarshan Chemical's size and is unlikely to materially affect operations or stock price. Investors should monitor the outcome of the appeal, but for now the company is treating this as a routine tax dispute that it expects to win.