Announced Wed, 29 Apr · 17:12 IST

Intimation under Regulaton30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015-GST Demand

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Price reaction · full curve 14 horizons · vs prior close
+6.6%1-day move
₹725.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.6+10.3+10.8+14.5+12.0+10.8+15.0+14.5+15.9
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AI summary

Super Sales India Limited received a GST Demand Notice dated April 29, 2026 from the Assistant Commissioner, Trichy Road Circle, Coimbatore. The demand is for Rs. 1,09,222/-, comprising tax of Rs. 79,038/-, interest of Rs. 29,584/-, and late fee of Rs. 600/-. The demand arises from the Assessment Completion Order for the financial year 2023-2024, where ITC (Input Tax Credit) claimed from defaulters and credit notes was found ineligible. The company has stated there is no material impact on its financials, operations, or activities, and it will make the payment for the demanded amount.

Likely market impact

This is a relatively small tax demand of about Rs. 1.09 lakh with no material financial impact as per the company. Since the company intends to pay the amount, it is unlikely to have any significant negative impact on the stock price or shareholder value.