GLAXONSEGlaxoSmithKline Pharmaceuticals Limited· PharmaceuticalsHighNegative
Announced Thu, 25 Jun · 11:46 IST

GSK Pharma receives Rs 3.54 cr demand notice from NPPA for overcharging

Regulatory & Legal View source PDF

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AI summary

GSK Pharma received a demand notice from the National Pharmaceutical Pricing Authority (NPPA) on 24 June 2026 for alleged overcharging on scheduled formulations. Total demand is Rs 3.54 crore, comprising Rs 1.23 crore in alleged overcharging and Rs 2.31 crore in interest. The company has stated there is no material impact on its financial operations and intends to file an appeal against the demand order.

Likely market impact

Company says no material financial impact and plans to appeal. Amount is small relative to GSK Pharma's overall size.