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Dr. Reddy's Laboratories LimitedOthers, 26-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

26-08-2025 | 04:42 pm

Dr. Reddy's Laboratories previously faced an income tax reassessment notice concerning alleged escaped income from a past merger. The company challenged this through a writ petition. The High Court has now granted an interim stay on the income tax order and the reassessment proceedings. Dr. Reddy's strongly believes there was no tax escapement. Importantly for shareholders, the company's promoters will jointly indemnify the company against any liability arising from this amalgamation, providing a buffer against potential future tax claims.

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