Syngene International Limited — Important, 24-03-2025: Updates

Syngene International Limited has received an order from the Income Tax Department regarding a TDS assessment for the financial year 2018-19, demanding a total of Rs. 10.99 crore. The company is currently analyzing the order and will determine the necessary actions. Importantly, this order is not expected to have a material impact on the company’s financials, operations, or overall activities. Stakeholders should monitor the situation as the company navigates this development.