UltraTech receives GST order from Gujarat tax authority

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ULTRACEMCO · price

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

-0.6%Reaction day

₹11531.00

prior close

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announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.1%-0.5% vs market

Cement & Cement Products peers, median of 35sector-0.7%+0.1% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty 100 and 0.1 pts more than 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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UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 35Pending

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AI summary

UltraTech Cement has received an Order in Original from the State Tax Officer, Gujarat confirming a GST demand of about Rs 25.88 lakh, interest of about Rs 19.63 lakh, and penalty of about Rs 25.88 lakh. The demand relates to Input Tax Credit claimed from a vendor whose GST registration was cancelled. UltraTech is reviewing the order and will decide on further action. The company says there is no material financial impact.

Likely market impact

Demand is small relative to company size; management says no material impact. Routine tax matter, unlikely to move the stock.