Alkem Laboratories Limited — Others, 04-02-2025: Action(s) initiated or orders passed

Alkem Laboratories has received a GST demand order amounting to ₹69.66 crore, along with an additional penalty of ₹1.24 crore, related to the period from FY 2017-18 to 2022-23. The company plans to appeal the order, asserting that it has strong factual and legal grounds for its position. The management believes that this dispute will not materially affect the company's financials or operations. Despite the order, the outlook remains stable, with no immediate impact on shareholder interests. Investors should monitor updates closely for potential developments.