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Jubilant Pharmova’s Subsidiary to Contest GST Adjudication Order

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Jubilant Pharmova’s Subsidiary to Contest GST Adjudication Order

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Jubilant Pharmova Limited ( (IN:JUBLPHARMA) ) has issued an update.

Jubilant Pharmova Limited has announced that its wholly owned subsidiary, Jubilant Biosys Limited, received an Adjudication Order from the Deputy Commissioner of Commercial Taxes, Mysuru, concerning a demand for GST, interest, and penalty for the financial year 2021-2022. The company plans to file an appeal against the order, arguing that it is legally incorrect and expects no financial or operational impact from the order.

More about Jubilant Pharmova Limited

Jubilant Pharmova Limited operates in the pharmaceutical industry, focusing on the development and manufacturing of a wide range of pharmaceutical and life sciences products. The company is involved in providing innovative solutions and services to its clients, with a market focus on healthcare and life sciences sectors.

Average Trading Volume: 7,946

Technical Sentiment Signal: Buy

Current Market Cap: 170.3B INR

See more data about JUBLPHARMA stock on TipRanks’ Stock Analysis page.

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