Gopal Snacks to hold analyst meet on June 11

0 min read Updated on 08 Jun 2026, 05:21 PM

Reviewed by

Anirudha BScanX News Team

AI Summary

Gopal Snacks has scheduled a virtual meeting with analysts and institutional investors on June 11, 2026. The interaction is a one-on-one session with Anand Rathi, conducted pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price sensitive information will be shared during the meeting.

*this image is generated using AI for illustrative purposes only.

Gopal Snacks has scheduled a virtual meeting with analysts and institutional investors on June 11, 2026. The interaction, a one-on-one session with Anand Rathi, is being conducted pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that no unpublished price sensitive information will be shared during the meeting. The schedule remains subject to change due to exigencies on the part of the analysts, investors, or the company.

Meeting Details

The company provided the following specifics regarding the upcoming interaction:

Date	Name	Type of Meeting	Interaction Type
Thursday, 11 June, 2026	Anand Rathi	One-on-One	Virtual meeting

The disclosure was submitted to BSE Limited and National Stock Exchange Limited on June 6, 2026.

Historical Stock Returns for Gopal Snacks

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.70%	-4.33%	-10.11%	-12.30%	-20.87%	-22.07%

What key performance indicators or strategic updates is Gopal Snacks likely to emphasize during the meeting?

How might the market react to the absence of unpublished price-sensitive information in this interaction?

Could this meeting signal upcoming corporate actions or partnerships for Gopal Snacks?

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Gopal Snacks faces GST notice over HSN code misclassification

1 min read Updated on 06 Jun 2026, 08:46 AM

Reviewed by

Suketu GScanX News Team

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Gopal Snacks Limited received a show cause notice from the Additional Commissioner, CGST HQ, Rajkot, regarding the alleged misclassification of HSN codes for its product 'Fried Fryms' during FY 2022-23. The notice advises the company to pay a differential GST liability of ₹16,55,65,440. The company stated it has secured a stay on similar notices for previous periods and will challenge this notice, confirming no material impact on its activities.

*this image is generated using AI for illustrative purposes only.

Gopal Snacks Limited has received a show cause notice from the Additional Commissioner, CGST HQ, Rajkot, regarding the alleged misclassification of HSN codes for its product 'Fried Fryms' during FY 2022-23. The notice, bearing number 27/HQ/RJT-II/ADC/2026-27, was issued under Section 73(3) of the CGST Act, 2017, and advises the company to pay a differential GST liability of ₹16,55,65,440.

The company disclosed that it has already filed writ petitions before the Hon'ble High Court of Gujarat against similar notices for the periods FY 2017-18 to FY 2021-22. It has secured a stay on those proceedings, which will remain in effect until the court decides the matter. Gopal Snacks stated it intends to file a reply or submissions to challenge the current notice and seek similar protection from the court.

Management confirmed that the receipt of this intimation does not have any material impact on the financial, operational, or other activities of the company. The entity further assured the stock exchanges that it would update them on any material developments in this matter in the future.

The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was received by the company on June 4, 2026.

Details of the Show Cause Notice

Particular	Details
Authority	Additional Commissioner, CGST HQ, Rajkot Gujarat
SCN Number	27/HQ/RJT-II/ADC/2026-27
Date of Receipt	04 June 2026
Relevant Period	FY 2022-23
Section	Section 73(3) of CGST Act, 2017
Allegation	Misclassification of HSN code for Fried Fryms
Demand	₹16,55,65,440

Historical Stock Returns for Gopal Snacks

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.70%	-4.33%	-10.11%	-12.30%	-20.87%	-22.07%

How might the outcome of the pending writ petitions for FY 2017-22 influence the legal strategy and timeline for the current FY 2022-23 dispute?

Could the reclassification of the 'Fried Fryms' HSN code set a precedent for increased scrutiny or similar tax demands across the company's other snack product lines?

If the court rules against Gopal Snacks, what potential impact could the ₹16.55 crore liability have on the company's working capital and future capital allocation plans?