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

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

PANACEABIO · 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

+1.7%Reaction day

₹417.90

prior close

₹419.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+1.6% vs market

Pharmaceuticals peers, median of 151sector+0.9%+0.8% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 0.8 pts more 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

Stock

-0.1

10m

-1.1

15m

-1.7

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.1+1.6+0.9+0.8

Next day

+5.2+1.4+3.8+1.5+3.7

+3.6+1.8+1.8+2.1+1.6

+4.5+2.2+2.3+2.1+2.3

+2.1+1.6+0.5+2.0+0.1

+2.0+1.4+0.6+1.6+0.4

+3.7+1.1+2.6+1.1+2.6

15d

-1.4-2.2+0.8-2.3+0.9

-0.4-4.7+4.3-3.8+3.5

+2.6-1.2+3.8-2.1+4.7

+6.0-4.5+10.5-5.8+11.8

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 151Pending

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

AI summary

Panacea Biotec has received a fresh GST demand order dated July 10, 2025, from the Maharashtra State Tax authorities, raising a demand of ₹7.03 crore (including ₹2.51 crore interest and ₹64.80 lakh penalty). This follows the Bombay High Court's earlier ruling in January 2025, which set aside the original August 2024 demand of ₹5.74 crore and sent the matter back for fresh adjudication. The new demand is after adjusting ₹3.14 crore already deposited by the company under protest. The company states the demand is not maintainable and is evaluating the option of filing an appeal, and does not expect any material impact on its financial or operational activities.

Likely market impact

While the new demand is higher than the original, the company is well-positioned to contest it legally, and management has stated no material impact on financials or operations. Shareholders should monitor the appeal process as a negative outcome could affect cash flows, though the already-deposited ₹3.14 crore under protest remains recoverable.