Britannia Industries witnessed a significant block trade on the National Stock Exchange (NSE) worth ₹63.51 crores, highlighting substantial institutional activity in the leading FMCG company's shares.

Block Trade Details

The transaction involved the exchange of approximately 105,544 shares at a price of ₹6,017.00 per share. Block trades of this scale typically occur when large institutional investors or funds execute substantial buy or sell orders outside regular market hours to minimize market disruption.

Market Significance

Block trades represent significant institutional activity and often indicate strategic portfolio movements by large investors, mutual funds, or institutional entities. These transactions are executed through special trading sessions designed to handle large volumes without causing excessive price volatility in the regular market.

The execution price of ₹6,017.00 per share reflects the current market valuation of Britannia Industries shares at the time of the transaction. Such substantial trades can provide insights into institutional sentiment and investment strategies regarding the company's stock.

Transaction Impact

While block trades are conducted to minimize immediate market impact, they often signal important developments in institutional holdings and can influence broader market perception of the stock. The substantial value of ₹63.51 crores underscores the significance of this particular transaction in Britannia Industries shares.

Britannia Industries has informed stock exchanges about receiving a substantial GST order from the Chennai North Commissionerate, demanding ₹108.50 crores in tax along with equivalent penalty. The company disclosed this development through a regulatory filing on January 1, pursuant to SEBI Listing Regulations.

GST Order Details

The order was issued by the Additional Commissioner of CGST & Central Excise, Chennai North Commissionerate, under Section 74 of the Central Goods and Services Tax Act, 2017. The company received the order through a system-generated email on December 31, 2025, at 10:28 PM IST after it was uploaded on the GST Portal.

Alleged Violations

The GST order spans six financial years from FY 2018-19 till FY 2023-24, with authorities alleging incorrect availment of Input Tax Credit. The total tax demanded amounts to ₹108.50 crores, accompanied by an equivalent penalty and applicable interest charges.

Company's Response and Market Impact

Britannia Industries has stated that the order will not significantly impact the company's financials, operations, or other activities. The company emphasized that the order is appealable and confirmed its intention to take necessary actions, including exercising legal remedies available under GST law.

Shares of Britannia Industries ended at ₹5,999.00, declining by ₹32.00 or 0.53% on the trading session following the disclosure.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The intimation was signed by T. V. Thulsidass, Company Secretary of Britannia Industries Limited. The company has requested stock exchanges to take the information on record as part of its regulatory obligations.