UltraTech gets GST orders from UP and West Bengal authorities

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ULTRACEMCO · price

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

+0.3%Reaction day

₹11497.00

prior close

₹11496.00

announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.8%-0.5% vs market

Cement & Cement Products peers, median of 35sector+0.3%+0.0% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty 100 and in line with its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

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UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 35Pending

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AI summary

UltraTech received GST orders from authorities in Noida (UP) and Bolpur (West Bengal) on December 18, 2025. The Noida order confirms a demand of about Rs 72.6 lakh in GST plus Rs 86.2 lakh interest and Rs 1.49 crore penalty for alleged ineligible input tax credit. The Bolpur order dropped a Rs 2.92 crore demand but upheld Rs 1.75 crore in tax plus equal interest and penalty for excess ITC claims. Company says no material financial impact and is reviewing.

Likely market impact

Routine tax dispute with no material financial impact per company; company may appeal. Stock unlikely to react significantly.