Syngene International Limited — Others, 29-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Syngene International Limited has announced a board meeting to outline the full and final settlement of tax arrears for the Assessment Year 2016-17, under the Direct Tax Vivad Se Vishwas Scheme, 2024. The company confirmed the receipt of the order on January 25, 2025, adding to previous settlements for AYs 2012-13 through 2018-19, totaling ₹9.47 crore already paid. This settlement should not materially affect the company's operations or financial health, indicating a clean resolution of past tax issues. Investors may view this as a positive outlook, reducing future regulatory uncertainties.