Haryana tax authority passes order against TVS Supply Chain for FY22

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TVSSCS · price

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

+0.5%Reaction day

₹107.00

prior close

₹107.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.4%-0.9% vs market

Logistics Solution Provider peers, median of 43sector+0.8%-0.3% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.3 pts less than its Logistics Solution Provider 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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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 43Pending

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

AI summary

TVS Supply Chain Solutions received an order from the Excise and Taxation Officer, Haryana for FY 2021-22 over short payment of reverse charge liability and non-payment of interest on reversals. Total demand is about ₹97 lakh (tax ₹51.5L, interest ₹40.4L, penalty ₹5.15L). The company says it will not materially impact financials and plans to appeal.

Likely market impact

Minor - about ₹97 lakh tax demand deemed not material; company will appeal within set timelines.