Alkem Laboratories Limited — Others, 13-06-2025: Action(s) initiated or orders passed

Alkem Laboratories has announced a board meeting. The company received a GST order for its Punjab GSTIN covering July 2017 to March 2020, confirming a demand of Rs. 1.69 Cr plus interest and penalty totaling Rs. 1.85 Cr. The order alleges excess Input Tax Credit claims, which Alkem disputes and intends to appeal. Management does not expect this matter to materially impact the company’s financials or operations, so it remains under control from a business perspective.