Infosys Shares to be in Focus after DGGI Closed ₹ 32,403 Crore Pre-Show Cause Gst Notice

India’s second-largest it firm, infosys ltd, received a good and services tax (GST) Demand Closure Notice on Friday, 6 June 2025. The notice relieved the Company from a 32,403 Crore tax order from the Director General of GST Intelligence (DGGI).

“The company has received a communication from the Director General of GST Intelligence (DGGI) Filing.

The data also showed that the dggi earlier asked for a 32,403 Crore GST Demand Notice for the issue of non-payment of igst under the revose charge mechanism.

“With the recept of today’s communication from DGGI, this matter stands closed,” said infosys in the bse filing.

Infosys share price

Infosys Shares Closed 0.62 per cent higher at 1,564.05 after Friday’s stock market session, compared to 1,554.35 at the Previous Market Close. The company received the GST Demand Closure Notice After Stock Market Operating Hours on 6 June 2025.

It Major Shares Have Given Stock Market Investors More Than 126 per cent returns on their investments in the last five years and 4.55 per cent in the last one-yar period.

On a year-to-date (ytd) Basis, The Shares Have Lost 16.71 per cent in 2025. However, The stock is trading 3.74 per cent one in the last one-month period.

Infosys shares hit their 52-wheek high level at 2,006.80 on 13 December 2024, while the 52-wheek low level was at 1,307.10 on 17 April 2025, according to the data collected from the bse website. The It Major’s Market Capitalization (M-Cap) was at 6,49,739.73 Crore as of Friday, 6 June 2025.

Read all stories by Anubhav mukherjee

Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.