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Emmvee Photovoltaic Power: Show cause notice received from GST department

Emmvee Photovoltaic Power (EMMVEE) filed a disclosure titled "Show cause notice received from GST department". The company is valued at about ₹21,179 crore.

BCEIE News Desk · Published 1 Oct 2026, 07:21 pm IST · Filing received 1 Oct 2026, 07:04 pm IST

What happened

Emmvee Photovoltaic Power (EMMVEE) filed a disclosure with the exchanges on 1 October 2026 at 07:04 PM titled "Show cause notice received from GST department".

Company snapshot

Emmvee Photovoltaic Power is a small-cap company in the Capital Goods sector, with a market value of about ₹21,179 crore.

The stock last traded at ₹305.9, against a 52-week range of ₹171.5–₹371.6 (17.7% below the high).

Before this filing the shares had moved −2.2% over the month and −13.2% over three months. Average daily turnover over the last 20 sessions was about ₹79.93 crore.

Promoters held 80.03% at the end of Q1 FY27. Foreign institutions owned 2.92% and domestic institutions 9.80%.

What history shows

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

Across 20 similar disclosures by other Capital Goods companies, shares moved −0.2% on average the next day and +0.1% over five days; 45% of them rose the next day.

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.