In terms of provisions of Regulation 30 (read with Part A of Schedule III) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ( Listing Regulations ), we wish to inform you that the Company is in receipt of the Tax Demand Order dated 26th December, 2025 passed by the Superintendent, Central GST Range-11, Division-III, Ghaziabad for the period FY 2019-20 amounting to Rs. 90,23,518/- (Ninety Lakh Twenty Three Thousand Five Hundred and Eighteen) inclusive of Penalty of Rs. 28,07,984/- (Twenty Eight Lakh Seven Thousand Nine Hundred and Eighty Four).
WOCKPHARMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wockhardt Limited has received a tax demand order dated 26th December 2025 from the Superintendent of Central GST, Ghaziabad, for the financial year 2019-20. The total demand is Rs. 90.23 lakhs, which includes a penalty of Rs. 28.08 lakhs. The demand arose from GST return adjustments related to excess GST paid in earlier years. The company has stated it is aggrieved by the order and is taking steps to file an appeal. Wockhardt has clarified that the order will not have any material impact on its financials, operations, or other activities. The disclosure was also delayed due to an inadvertent administrative oversight.
This is a relatively small tax demand (under Rs. 1 crore) which the company considers immaterial to its overall business. Shareholders are unlikely to see any meaningful impact on the stock price, though the outcome of the appeal will be worth watching.