Alkem Laboratories Limited has informed the Exchange about Action(s) initiated or orders passed
ALKEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 0.1 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Alkem Laboratories has received a GST demand order from the Deputy Commissioner, CGST & Central Excise Division – I, Lucknow, for its Uttar Pradesh GSTIN covering FY 2018-19 to FY 2020-21. The order alleges excess availment of Input Tax Credit and demands GST of Rs. 1,08,81,393 along with an equal amount (Rs. 1,08,81,393) as interest and penalty, taking the total potential exposure to around Rs. 21.76 crore. The order was received on 31st December 2025. The company disagrees with the demand and intends to file an appeal. Alkem has stated there is no material impact on its financials, operations, or other activities.
The demand size is small relative to Alkem's overall scale and the company has flagged no material financial impact, so the short-term effect on the stock is likely limited; however, the appeal process and any future adverse ruling remain a watchpoint for shareholders.