Syngene International Limited — Others, 27-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Syngene International Limited has announced a board meeting to discuss the settlement of tax arrears through the “Direct Tax Vivad Se Vishwas Scheme, 2024.” The company has cleared tax liabilities amounting to Rs. 9.47 crore for assessment years 2012-13 to 2015-16 and 2017-18 to 2018-19, receiving orders in Form 4 confirming this settlement. With no significant impact anticipated on operational activities, the resolution of these tax disputes could enhance the company’s financial clarity, potentially fostering a positive outlook among investors.