Pfizer Limited — Others, 03-02-2025: Action(s) initiated or orders passed

Pfizer Limited has disclosed that it received a tax demand of ₹87.90 lakh, comprising ₹43.95 lakh in tax and an equal penalty, from the Assistant Commissioner of Central GST, Panchkula. The company assesses this demand as non-maintainable and is preparing to appeal. Importantly, it maintains that this order does not materially affect its financials or operations. Investor sentiment may be slightly cautious due to the tax issue, but the overall outlook remains stable with the firm’s commitment to contest the demand.