TruAlt Bioenergy receives GST demand order of Rs 6.60 crore from Karnataka tax authority

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹449.30

prior close

₹449.50

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.4% vs market

Other Agricultural Products peers, median of 59sector+0.0%-1.2% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.2 pts less than its Other Agricultural Products 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.2+0.3-1.4+0.0-1.2

Next day

-3.4-0.2-3.3+0.3-3.7

-1.0+0.4-1.4+0.3-1.2

-3.4+0.2-3.6+1.1-4.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 59Pending

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AI summary

TruAlt Bioenergy received a GST demand order on August 20, 2026 from the Deputy Commissioner DGSTO Belagavi, Karnataka, alleging excess ITC claimed. Total demand is Rs 6.60 crore including tax of Rs 4.41 crore, interest of Rs 1.73 crore, and penalty of Rs 46.37 lakh. The company says there is no immediate material impact and plans to challenge the order.

Likely market impact

Rs 6.60 crore tax demand. Company says no immediate material impact and will contest the order, creating some uncertainty.