Symphony Limited has informed the Exchange about Action(s) taken or orders passed
SYMPHONY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 1.9 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Symphony Limited has informed the exchanges about an order dated 30 March 2025 from the Deputy Commissioner of State Tax, Patna, disallowing an Input Tax Credit (ITC) claim of Rs. 20,718 for FY 2011-12. The department found that credit notes raised for discounts were not properly linked to original sales invoices, so the ITC was reversed. No penalty or interest has been levied. The company must pay the demanded VAT amount within the prescribed timeline and has stated there is no material impact on its financials, operations, or other activities.
The financial impact is negligible — just Rs. 20,718 against a company of Symphony's size — so this is essentially a routine tax-compliance disclosure with no effect on operations or shareholder value.