Pfizer Limited — Important, 05-02-2025: General Updates

Pfizer Limited has received a tax demand order from the Office of the Assistant Commissioner, CGST, Division-IV (Narol), Ahmedabad South, amounting to ₹55.02 lakh, which includes both tax and penalty for the audit period from July 2017 to March 2020. The Company believes that the demand is unjustified and has initiated an appeal process against the order. Importantly, Pfizer has stated that this development will not materially impact its financials, operations, or overall activities moving forward. Investors should monitor this situation closely, as while the current assessment indicates a manageable setback, the resolution of the appeal could influence future operational stability.