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UFBLNSEUnited Foodbrands Limited· Leisure ServicesHighNegative
Announced Tue, 16 Jun, 2026 · 18:40 IST

Income tax demand of ₹8.63 cr reduced to nil by rectification order

Regulatory & Legal View source PDFExplain this filing

UFBL · 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
+5.7%Reaction day
₹590.50
prior close
₹596.95
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+4.6% vs market
Restaurants peers, median of 11sector+0.1%+5.6% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 5.6 pts more than its Restaurants 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
5m
+0.7
10m
+2.2
15m
+1.7
30m
+1.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+5.7+1.1+4.6+0.1+5.6
Next day
+6.0+1.6+4.4+1.3+4.7
2d
+8.9+2.4+6.5+2.4+6.5
3d
+14.5+3.3+11.2+2.5+12.1
4d
+17.4+2.5+14.8+2.2+15.1
5d
+23.3+2.4+20.9+1.6+21.7
1w
+11.2+1.5+9.6-1.1+12.2
15d
+23.1+2.6+20.5+1.4+21.8
1m
+18.9+2.2+16.7-1.1+20.0
2m
+30.1+6.8+23.2+26.4+3.7
3m
+16.6+5.9+10.7+22.7-6.1
UpDownMarket · Nifty Microcap 250Sector · Restaurants peers, median of 11Pending

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

AI summary

United Foodbrands received a Rectification Order from the Deputy Commissioner of Income Tax, Bengaluru for AY 2023-24. The income tax demand of ₹8.63 crores (including interest) has been reduced to nil, and the company is no longer liable to pay any tax or interest. However, the company is filing an appeal against a ₹2.78 crore addition arising from a transfer pricing adjustment under Section 92CA(3). No penalty or restriction was imposed.

Likely market impact

Positive: ₹8.63 cr tax demand fully cancelled, though ₹2.78 cr transfer pricing addition still under appeal.