NSEAction(s) taken or orders passed25 Jun 2026 · 25 Jun 2026, 11:46 am
Action(s) taken or orders passed
GlaxoSmithKline Pharmaceuticals Limited · GLAXO
✦ AI Summary▼ NegativeRegulatory
GlaxoSmithKline Pharmaceuticals Limited has received a Demand Notice from the National Pharmaceutical Pricing Authority for overcharging Rs. 1,22,91,163 and interest of Rs. 2,31,20,862, totaling Rs. 3,54,12,025. The company will file an appeal against the demand order.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment2/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
GlaxoSmithKline Pharmaceuticals Limited has informed the Exchange about Action(s) taken or orders passed
Attachments (1)
📄pdf
Download →
GLAXO1924_25062026114629_DisclosureunderRegulation30.pdf
View document text
GlaxoSmithKline Pharmaceuticals Limited
GSK House, Dr. Annie Besant Road,
Worli, Mumbai - 400 030
Tel No: +91 22 2495 9595
Fax No: +91 22 2495 9494
Web: www.gsk-india.com
Email: askus@gsk.com
25th June 2026
BSE LIMITED THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED
Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, G Block
Dalal Street Bandra-Kurla Complex, Bandra (East)
Mumbai - 400001 Mumbai - 400051
Dear Sir,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
With reference to the captioned subject, we would like to inform you that the Company has received a
Demand Notice dated 24th June 2026 from the National Pharmaceutical Pricing Authority. The relevant
details to be disclosed are as under:
Sr no Particulars Details
1 Name of the authority National Pharmaceutical Pricing Authority
2 Nature and details of the action(s) taken, initiated Demand Notice dated 24th June 2026
or order(s) passed
Total Demand Rs. 3,54,12,025/- (Alleged
overcharging-Rs.1,22,91,163;Interest–2,31,20,862)
3 Date of receipt of direction or order, including any 24th June 2026
ad-interim or interim orders, or any other
communication from the authority
4 Details of violation(s) / contravention(s) committed Overcharged in the sale of scheduled formulations
or alleged to be committed by charging price higher than the price fixed /
notified by the Government / NPPA in the
relevant period.
5 Impact on financial, operation or other activities of No impact on financial operations of the Company.
the listed entity, quantifiable in monetary terms to The Company would be filing an appeal against
the extent possible demand order.
Kindly take the same on the record.
Thanking you,
Yours faithfully
For GlaxoSmithKline Pharmaceuticals Limited
Ajay Nadkarni
Vice President – Administration, Real Estate
& Company Secretary
CIN: L24239MH1924PLC001151