Alkem Laboratories Limited has informed the Exchange about Action(s) initiated or orders passed

Regulatory & Legal View source PDF Explain this filing

ALKEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹5481.00

prior close

₹5446.50

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.2%-0.7% vs market

Pharmaceuticals peers, median of 156sector-0.2%-0.7% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Midcap 150 and 0.7 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

-0.9-0.2-0.7-0.2-0.7

Next day

-0.2+0.8-1.0+0.6-0.8

-0.3+1.2-1.5+0.8-1.1

+1.9+2.2-0.3+1.7+0.2

+1.6+2.1-0.4+1.3+0.4

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+5.6+0.4+5.3+0.4+5.3

15d

+2.7-4.4+7.2-6.1+8.9

+3.8-2.8+6.6-5.8+9.6

+1.9-2.8+4.7-7.5+9.3

-3.3-12.1+8.8-17.1+13.8

UpDownMarket · Nifty Midcap 150Sector · Pharmaceuticals peers, median of 156Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Alkem Laboratories has received a GST demand order from the Assistant Commissioner, Ward 203, Zone 11, Delhi, relating to its Delhi GSTIN for FY 2018-2019. The order demands GST of Rs. 21.94 lakh, interest of Rs. 12.83 lakh, and a penalty of Rs. 21.94 lakh, totalling roughly Rs. 56.71 lakh. The demand mainly alleges excess availment of Input Tax Credit. The company has stated it disagrees with the order and plans to file an appeal. Alkem has clarified there is no material impact on its financials or operations from this order.

Likely market impact

The financial impact is small and the company has confirmed it is not material. Since the matter pertains to a routine tax dispute that the company intends to contest, this should not meaningfully affect shareholders or the stock price.