Akums Drugs and Pharmaceuticals has informed that Income Tax Department (‘IT Department’) conducted search under the Income Tax Act, 1961 at the offices and manufacturing units of the Company and its subsidiaries. The Company has fully cooperated with the officials of IT Department during the search and responded to the clarifications and details sought by them. The company will continue to provide any further clarification/information that may be required.
The above information is a part of company’s filings submitted to BSE.
