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Alkem Laboratories LimitedOthers, 27-02-2025: Action(s) initiated or orders passed

27-02-2025 | 06:11 pm

Alkem Laboratories has received GST demand orders for FY 2019-2020 and FY 2020-2021, totaling ₹1.87 lakh plus interest and penalties, and ₹50,600 plus interest and penalties, respectively. These orders, issued by authorities in Bihar and Kolkata, cite alleged excess availment of GST Input Tax Credit. Despite these demands, the company states there is no material impact on its financial or operational activities. This announcement may maintain a neutral impact on investor sentiment, given the absence of significant financial repercussions.

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