Alkem Laboratories Limited — Others, 28-02-2025: Action(s) initiated or orders passed

Alkem Laboratories has received a GST demand order totaling ₹62.08 Cr for the financial years 2020-2021 and 2021-2022, alleging improper payment categorization. The company disagrees with this demand and is preparing to file an appeal. Despite the amount involved, Alkem states there will be no material impact on its financial operations, as it has sufficient Input Tax Credit and anticipates no cash outflow. This situation could generate short-term scrutiny from investors, but overall, it suggests a controlled risk outlook for the company’s financial health.