Voltas Records ₹75.78 Crore Block Trade on NSE at ₹1,508.60 Per Share

Voltas Ltd witnessed significant institutional trading activity on the National Stock Exchange (NSE) with a substantial block trade transaction. The consumer durables company saw concentrated trading interest from large market participants.

Block Trade Details

The NSE block trade represented a significant transaction in the company's shares, demonstrating substantial institutional activity.

Parameter:	Details
Trade Value:	₹75.78 crores
Number of Shares:	502,344 shares
Price Per Share:	₹1,508.60
Exchange:	National Stock Exchange (NSE)

Market Significance

Block trades typically represent large institutional transactions that occur outside the regular market mechanism. These transactions often involve mutual funds, insurance companies, foreign institutional investors, or other significant market participants. The substantial value of ₹75.78 crores indicates meaningful institutional interest in the company's shares.

Trading Activity Analysis

The transaction price of ₹1,508.60 per share reflects the market valuation at which institutional investors were willing to transact. Such block deals often provide insights into institutional sentiment and can influence regular market trading patterns. The involvement of approximately 502,344 shares represents a considerable volume that could impact the stock's liquidity and price discovery mechanism.

Block trades serve as important indicators of institutional portfolio activities, whether for fresh investments, profit booking, or strategic rebalancing. Market participants often monitor such transactions as they can provide valuable insights into institutional investor behavior and market sentiment toward specific companies.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.55%	+7.93%	+10.71%	+7.57%	-17.45%	+66.66%

Voltas has received two separate GST demand orders from Central Goods and Services Tax (CGST) authorities, with combined tax demands totaling ₹27.04 lakh and equivalent penalty amounts. The company received both orders on December 31, 2025, and has indicated it will file appeals against the demands.

First GST Demand Order Details

The Office of the Deputy Commissioner, CGST and Central Excise, Bidhan Nagar Division, Kolkata North Commissionerate, West Bengal issued an order dated December 31, 2025, under Section 74 of the Central Goods and Services Tax Act, 2017. The order was received by the company on December 31, 2025, at 12:19 PM.

Parameter	Details
Tax Demand	₹16.42 lakh
Penalty Amount	₹16.42 lakh
Allegation	Short payment of GST
Period Covered	FY 2018-19 to FY 2023-24
Legal Provision	Section 74 of CGST Act, 2017 with West Bengal GST Act, 2017

Second GST Demand Order Details

The Office of the Superintendent of CGST, Central Tax, Raipur, Chhattisgarh issued a separate order dated December 27, 2025, under Section 74 of the Central Goods and Services Tax Act, 2017 read with the Integrated Goods and Services Tax Act, 2017. This order was received by the company on December 31, 2025, at 10:04 PM.

Parameter	Details
Tax Demand	₹10.62 lakh
Penalty Amount	₹10.62 lakh
Allegation	Disallowance of Input Tax Credit
Period Covered	FY 2018-19 to FY 2021-22
Legal Provision	Section 74 of CGST Act, 2017 with IGST Act, 2017

Company's Response and Impact Assessment

Voltas has stated that both orders will be contested through the appellate process. The company is in the process of filing appeals against both GST demand orders issued by the respective CGST authorities.

Regarding the financial impact, the company has disclosed that there is no material impact on the financials, operations, or other activities of the company from these GST demands. The total exposure including penalties amounts to ₹54.08 lakh across both orders, covering various financial years from 2018-19 to 2023-24.