Nectar Lifesciences Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Nectar Lifesciences has provided an update on an Income Tax dispute that has now been fully resolved. The Deputy Commissioner of Income Tax, Chandigarh passed an order dated March 31, 2026 disposing of notices for Assessment Year 2017-18 in favor of the company. The case originated from notices under Sections 148 and 148A(b) of the Income Tax Act for AY 2017-18 to 2021-22. The company had challenged these notices in Punjab and Haryana High Court, which directed the IT Department to dispose of objections. Following rejections for AY 2018-19 to 2021-22 (where the company won via writ petitions), the final matter for AY 2017-18 has also been decided in the company's favor. The financial implication is NIL as the matter stands fully concluded. The company also acknowledged a delay in disclosure due to temporary inaccessibility of a former employee's email.