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Zydus Wellness informs about receipt of order

24 Sep 2024 Evaluate

Pursuant to Regulation 30 read with clause no. 20 of Para A of Part A of Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 (‘SEBI Circular’), Zydus Wellness has informed that Zydus Wellness Products (‘ZWPL’) [successor of Zydus Wellness Sikkim (‘ZWS’), a partnership Firm], a wholly owned subsidiary company, has received an Assessment Order from the Excise and Taxation Officer cum notified authority, U.T, Chandigarh, under section 29(2) of The Punjab VAT Act, 2005 and The CST Act, 1956 alleging demand of ? 0.31 million towards VAT (including penalty of ? 0.16 million) and ? 2.78 million towards CST, aggregating to ? 3.09 million for FY 2014-15.

The above information is a part of company’s filings submitted to BSE.


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