NSEAction(s) initiated or orders passed29 Sept 2026 · 29 Sept 2026, 01:03 pm
Action(s) initiated or orders passed
Pfizer Limited · PFIZER
✦ AI SummaryRegulatory
Pfizer Limited has received a penalty of Rs. 1,26,34,050 from the Deputy / Additional Commissioner of Income tax Transfer Pricing for non-furnishing of specific granular information during a transfer pricing audit for the Assessment Year 2023-24.
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Full Announcement
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company has, on September 28, 2026, received an Order dated September 25, 2026, issued by the Deputy / Additional Commissioner of Income tax Transfer Pricing, levying a penalty of Rs. 1,26,34,050/- based on the Transfer Pricing audit conducted for the Assessment Year 2023-24.
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Pfizer Limited
The Capital, 1802/1901,
Plot No. C - 70, G Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051.
Tel : +91 22 6693 2000 Fax : +91 22 2654 0274
September 29, 2026
The Corporate Relationship Dept. The Manager, Listing Dept.
BSE Limited The National Stock Exchange of India Ltd.
1st Floor, P.J.Towers Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, Fort G Block Bandra-Kurla Complex, Bandra (E)
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 500680 Scrip Symbol: PFIZER
Dear Sirs / Madam,
Sub: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform that the Company has, on September 28, 2026,
received an Order dated September 25, 2026, issued by the Deputy / Additional
Commissioner of Income tax Transfer Pricing, levying a penalty of Rs. 1,26,34,050/- based
on the Transfer Pricing audit conducted for the Assessment Year 2023-24.
Based on the Company’s assessment, the Company believes that the said Order is not
maintainable. The Company is in the process of preferring an appeal against the said Order.
The Order has no material impact on the financials, operations or other activities of the
Company.
The additional details required to be disclosed pursuant to the SEBI (Listing Obligations and
Disclosure Requirements) Regulations 2015 read with SEBI Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed
as Annexure – A.
Request you to please take the above on record.
Thanking you,
Yours truly,
For Pfizer Limited
Prajeet Nair
Director – Corporate Services & Company Secretary
Encl.: A/a
CIN: L24231MH1950PLC008311
Email ID: contactus.india@pfizer.com
Website: www.pfizerltd.co.in
Annexure A
Additional information pursuant to SEBI Listing Regulations read with SEBI Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sr. Particulars Details
1 Name of Authority Deputy / Additional Commissioner of Income tax
Transfer Pricing.
2 Nature and details of the action(s) The Order received under Section 271G of the
taken or order(s) passed Income tax Act, 1961 levying a penalty of
Rs. 1,26,34,050/- (Rupees One Crore Twenty Six
Lakh Thirty Four Thousand and Fifty only).
3 Date of receipt of direction or order September 28, 2026
4 Details of the violation(s) / The Deputy / Additional Commissioner of Income
contravention(s) committed or tax Transfer Pricing has levied a penalty on the
alleged to be committed Company due to alleged non-furnishing of specific
granular information sought during the transfer
pricing audit conducted for Assessment Year
2023-24.
5 Impact on financial, operation or Based on a preliminary assessment, the Company
other activities of the listed entity, believes that it has strong grounds on merits. The
quantifiable in monetary terms to Company does not expect the said order to have
the extent possible any material impact on its financial position,
operations or other activities.