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Concord Drugs has issued a corrigendum to its Q3 FY26 financial results disclosure originally filed on 14 February 2026. A paragraph about India's new Labour Codes was inadvertently omitted and is now being added in full. The four Labour Codes (Code on Wages 2019, Code on Social Security 2020, Industrial Relations Code 2020, and Occupational Safety, Health & Working Conditions Code 2020) became effective on 21 November 2025. The company has estimated and accounted for the incremental liability for employees and states this is not material to the financial results. All other information in the original disclosure remains unchanged.
This is a procedural correction with no material financial impact. Shareholders can take comfort that the incremental liability from new labour codes is not material to results, and no other figures have been revised.