Alkem Laboratories Limited — Others, 28-03-2025: Action(s) initiated or orders passed

Alkem Laboratories has received GST orders demanding ₹1.37 crore plus interest and penalties for the financial years 2021-2023, citing excess availment of Input Tax Credit. The company intends to appeal the orders, asserting disagreement with the findings. Despite the situation, it expects no material impact on its financial or operational activities. This development may influence investor sentiment, presenting a potential risk but also an opportunity for the company to clarify its compliance practices and reinforce its financial stability moving forward.