SUN PHARMA ADVANCED RESEARCH COMPANY LTD. - Receipt Of Demand Order From The Office Of The Commissioner Of GST & Central Excise

Pursuant to regulation 30 (1) of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015, we hereby inform you that the Company is receipt of an 'Order' from the Office of the Commissioner of GST & Central Excise, Mumbai East Commissionerate, demanding the payment of Service Tax along with Penalty aggregating to Rs. 46.04 crores along with interest under section 75 of the Finance Act, 1994.<BR> <BR> The Company would contest the demand and would be filing an appropriate appeal against the Order within the stipulated period.<BR> <BR> This is for your information and public dissemination.<BR>