Indoco Remedies Limited — Others, 11-06-2025: Action(s) initiated or orders passed

Indoco Remedies has announced a board meeting to consider the financial results for the quarter and half-year. The company resolved proceedings initiated by the GST Authority over an alleged excess input tax credit claim of ₹849.80 lakh, which have now been dropped. The Deputy Commissioner of State Tax, Mumbai, cleared the company without any financial or operational impact. This removes regulatory uncertainty, supporting stable business operations and reassuring shareholders of no additional liability.