TVS Srichakra Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Litigation LossRegulatory & Legal View source PDF Explain this filing

TVSSRICHAK · price

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

-1.2%Reaction day

₹4180.00

prior close

₹4113.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.2% vs market

Tyres & Rubber Products peers, median of 15sector-0.0%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.2 pts less than its Tyres & Rubber 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

Stock

+0.6

10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-0.1-1.2-0.0-1.2

Next day

+0.9+1.3-0.4+0.2+0.7

+2.2+1.6+0.6+0.1+2.1

+4.1+2.5+1.6+1.3+2.8

+5.5+2.8+2.7+0.9+4.6

+1.7+2.1-0.4+1.0+0.7

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15d

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-7.4-6.4-1.1-10.4+3.0

-23.8-15.1-8.7-19.8-4.0

UpDownMarket · Nifty Microcap 250Sector · Tyres & Rubber Products peers, median of 15Pending

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

AI summary

TVS Srichakra has received an order dated 29 December 2025 from the Joint Commissioner of CGST, Dehradun, confirming a GST demand against the company. The demand stems from a mismatch between GSTR-3B returns and e-way bills for financial years 2018-19, 2019-20 and 2020-21. The original show-cause notice had sought Rs. 65.38 crore (Rs. 37.55 crore tax + Rs. 27.84 crore penalty), but after the company's reply, the final order reduced the demand to Rs. 55.11 crore (Rs. 27.55 crore tax + Rs. 27.56 crore penalty). The company says there is no impact on operations or other activities and plans to file an appeal within the 90-day window.

Likely market impact

This is a negative development for shareholders as the company faces a potential cash outflow of up to Rs. 55.11 crore if the appeal fails, though the company retains the right to appeal and the amount is not immediately payable. Investors should watch for the appeal outcome and any provisioning the company makes in upcoming quarterly results.