Announced Fri, 19 Jun · 20:11 IST
GST demand of Rs 6.47 crore upheld, company to appeal
WABAG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.3%1-day move
₹2000.00
prior close
₹2014.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-0.4-0.6+2.0+4.3+4.8+5.3-0.1+0.7+9.5+6.0+3.6——
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AI summary
VA Tech Wabag received a GST order dated June 19, 2026 from the Bengaluru East Commissionerate rejecting the company's rectification application for FY 2019-20 assessment. Total demand is about Rs 6.47 crore, including basic tax of Rs 5.71 crore, interest of Rs 18.38 lakh, and penalty of Rs 57.27 lakh. The company says there is no material impact on financials or operations and will file an appeal against the order.
Likely market impact
Mildly negative sentiment; company deems it not material. Investors should track appeal outcome and any further demands from tax authorities.