RPG Life Sciences Limited — Important, 21-03-2025: General Updates

RPG Life Sciences Limited has received an Assessment Order from the Income Tax Department relating to the financial year 2022-23, proposing disallowances and raising a demand of ₹5.17 crore. The company believes this demand is not maintainable and is preparing to appeal or seek rectification. Consequently, they do not anticipate any significant financial impact from this order. This update could foster a positive outlook among investors, reflecting the company’s proactive stance in addressing tax-related challenges while managing potential risks effectively.