GST demand order of Rs 14.86 lakh; company to appeal

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VINDHYATEL · price

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

-0.2%Reaction day

₹1421.00

prior close

₹1436.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+0.3% vs market

Civil Construction peers, median of 97sector-0.2%-0.0% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and in line with its Civil Construction 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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

AI summary

Vindhya Telelinks received a GST order from CGST Jammu confirming demand of Rs 6.13 lakh tax, Rs 2.59 lakh interest, and Rs 6.13 lakh penalty (total Rs 14.86 lakh) for FY 2018-19 to 2022-23. Reason: alleged ineligible input tax credit. Company plans to file an appeal.

Likely market impact

Small financial impact of about Rs 14.86 lakh; company will appeal. Limited effect on operations given modest demand size.