Syngene International Limited — Others, 26-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Syngene International Limited has received a rectification order for Assessment Year 2022-23, resulting in a reduction of the tax demand from ₹16.01 crore to ₹10.20 crore after filing for corrections. This adjustment reflects the company's proactivity in resolving tax liabilities and may reduce its financial burden. The company continues to appeal certain adjustments made earlier, but this development is not expected to have a significant impact on operations. For investors, this update suggests a positive outlook as it indicates effective management of tax issues while maintaining operational stability.