Please find enclosed intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SANOFI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanofi India received an acceptance order from the Assistant State Tax Officer, Thripunithura, Kerala dated May 25, 2026 (received May 26, 2026). The tax authority accepted the company's submissions and dropped proceedings that were initiated for FY 2020-21 regarding discrepancies in e-way bill generation, non-generation of e-way bills, unreported e-way bills in GST returns, and excess input tax credit claimed. The tax amount under scrutiny was INR 59,77,141. The company states there is no material impact on its financial, operational, or other activities.
This is a positive development for shareholders as the tax verification proceedings have been resolved in the company's favor with no material financial impact. The matter is now closed.