Announced Tue, 7 Jul · 17:31 IST
Tax update: Syngene gets Rs 8.62 crore refund order for AY 2014-15
Regulatory & Legal View source PDF
SYNGENE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹422.65
prior close
₹420.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.7+1.2+0.0-1.6-0.7-0.3-0.9-0.6-1.3————
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AI summary
Syngene received an income tax order dated May 14, 2026 for AY 2014-15 giving effect to the NFAC's February 2026 appeal decision which partly allowed the company's appeal. The Assessing Officer granted a refund of Rs. 8.62 crore including interest, though the amount is yet to be received. No penalty, restriction or sanction was imposed. The company expects no material financial impact and says contingent liability for AY 2014-15 will reduce.
Likely market impact
Positive update. Rs 8.62 crore refund ordered for AY 2014-15 yet to be received. No penalty imposed; contingent liability reduces.