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SUDARCOLORBSESudarshan Colorants India Ltd· Chemicals & PetrochemicalsHighNegative
Announced Wed, 24 Jun, 2026 · 12:21 IST

GST demand order of about Rs 3.59 lakh from Tamil Nadu tax authority

Regulatory & Legal View source PDFExplain this filing

SUDARCOLOR · 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
+0.5%Reaction day
₹365.10
prior close
₹367.80
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+0.6% vs market
Dyes And Pigments peers, median of 9sector-0.1%+0.6% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.6 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
5m
+0.0
10m
+0.0
15m
-0.7
30m
+0.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.5-0.1+0.6-0.1+0.6
Next day
-1.2-0.7-0.4-1.2+0.1
2d
-2.2-1.0-1.2-2.3+0.1
3d
-3.0+0.0-3.1-1.0-2.1
4d
-4.1+0.2-4.3-1.6-2.5
5d
-1.4+1.1-2.5-0.7-0.7
1w
+0.8+0.9-0.1-2.4+3.2
15d
+1.8+0.8+1.0+1.3+0.5
1m
-0.8-0.8-0.0+2.4-3.2
2m
+9.1+5.0+4.1+11.6-2.5
3m
+7.1+5.0+2.1+37.8-30.7
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

Sudarshan Colorants India received a GST demand order (Form DRC-07) dated June 23, 2026 from the Commercial Tax Officer in Cuddalore, Tamil Nadu for the April 2025 period. The aggregate demand is Rs 3,59,484, which is entirely penalty with nil tax and nil interest. The company plans to file an appeal before the appropriate authority and says it has a strong case. It states there will be no material impact on its financials, operations, or other activities.

Likely market impact

Minimal financial impact; small penalty amount and company is appealing the order.