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

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UNIPARTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.8%Reaction day

₹512.90

prior close

₹516.65

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.5%+2.3% vs market

Auto Components & Equipments peers, median of 111sector-2.1%+2.9% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.9 pts more than its Auto Components & Equipments 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

-0.1

10m

-0.3

15m

-0.9

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8-1.5+2.3-2.1+2.9

Next day

-3.7-2.2-1.5-2.1-1.6

-4.2-1.2-3.0-1.4-2.7

-3.1-0.9-2.1-1.5-1.6

-6.4-2.3-4.1-3.1-3.3

-6.6-2.5-4.2-2.9-3.7

-7.4-3.6-3.8-3.2-4.2

15d

-13.1-10.4-2.7-11.3-1.8

-14.2-11.3-2.9-12.5-1.7

-2.9-3.6+0.7-8.0+5.1

+4.7+3.9+0.8-1.5+6.2

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 111Pending

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

AI summary

Uniparts India has received an income tax assessment order for AY 2024-25 along with a demand notice of approximately ₹25.80 crore (including interest). The demand arose because the assessing officer did not allow a Section 80M deduction of about ₹83.28 crore claimed by the company. The company believes the claim is not maintainable against it and expects no material financial impact. It plans to file a rectification petition and an appeal against the order. Separately, penalty proceedings under Section 270A have been initiated for alleged under-reporting of income.

Likely market impact

The tax demand is sizeable but the management believes it is without merit and will be reversed on appeal, so near-term financial impact is expected to be limited. Investors should monitor the appeal outcome, as an unfavourable ruling could affect earnings.