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Advance Agrolife: Receipt of a Show Cause-cum-Demand Notice from the GST Department

Advance Agrolife (ADVANCE) filed a disclosure titled "Receipt of a Show Cause-cum-Demand Notice from the GST Department". The company is valued at about ₹773 crore.

BCEIE News Desk · Published 1 Oct 2026, 07:21 pm IST · Filing received 1 Oct 2026, 07:05 pm IST

What happened

Advance Agrolife (ADVANCE) filed a disclosure with the exchanges on 1 October 2026 at 07:05 PM titled "Receipt of a Show Cause-cum-Demand Notice from the GST Department".

Company snapshot

Advance Agrolife is a micro-cap company, with a market value of about ₹773 crore.

The stock last traded at ₹120.2, against a 52-week range of ₹84.1–₹154 (21.9% below the high).

Before this filing the shares had moved +3.2% over the month and +4.7% over three months. Average daily turnover over the last 20 sessions was about ₹2.41 crore.

Promoters held 69.89% at the end of Q1 FY27. Foreign institutions owned 3.82% and domestic institutions 2.08%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261698.91.99
Q2 FY2621315.93.53
Q3 FY2613330.47
Q4 FY261247.51.05
Q1 FY2733022.53.5

What history shows

BCEIE has no earlier litigation filing from this company on record since May 2026.

Market-wide, 529 litigation filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 35% rising.

Past reactions describe what happened before; they are not a forecast.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.