UTI AMC gets Rs 3.32 cr income tax penalty, to appeal

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UTIAMC · 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

-2.4%Reaction day

₹895.00

prior close

₹895.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.6%-1.8% vs market

Asset Management Company peers, median of 7sector-1.3%-1.2% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Smallcap 250 and 1.2 pts less than its Asset Management Company 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

-0.9

10m

-0.9

15m

-1.4

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-0.6-1.8-1.3-1.2

Next day

-1.1-0.4-0.8-0.3-0.8

-1.7-1.5-0.1-1.1-0.5

+0.2-1.2+1.4-0.8+1.0

-0.6+0.2-0.8+0.8-1.4

-0.3+0.3-0.6+0.3-0.6

-1.8-1.6-0.2-2.2+0.4

15d

-5.0-5.6+0.6-6.1+1.1

-7.5-4.3-3.2-7.3-0.2

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UpDownMarket · Nifty Smallcap 250Sector · Asset Management Company peers, median of 7Pending

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

AI summary

UTI Asset Management Company received an Income Tax Penalty Order of about Rs 3.32 crore (Rs 3,31,66,997) under Section 270A from the National Faceless Assessment Centre for Assessment Year 2020-21, due to disallowance of certain items during FY 2019-20 assessment. Order was received on 26 September 2026. Company states no material impact on operations and will file an appeal before the appellate authority.

Likely market impact

Minor financial impact limited to penalty amount if appeal fails; operations unaffected. Watch appeal outcome.