NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company4 Oct 2026 · 4 Oct 2026, 12:48 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Sun Pharma Advanced Research Company Limited · SPARC

✦ AI SummaryLitigation

Sun Pharma Advanced Research Company Limited has informed the Exchange about an update on Litigation, specifically regarding a development in relation to the ongoing litigation disclosed at Sr. No. 3 before the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai. The Tribunal has upheld the Order-in-Appeal dated 27.04.2018 passed in favour of the Company and confirmed the Company's entitlement to refund of accumulated CENVAT credit along with consequential interest.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Sun Pharma Advanced Research Company Limited has informed the Exchange about update on Litigation.

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SPARC_04102026124806_UpdateOnLitigation.pdf

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SPARC/Sec/SE/2026-27/40 October 04, 2026 National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, 5th Floor, Market Operations Dept. Plot No. C/1, G Block, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051. Mumbai - 400 001. Scrip Symbol: SPARC Scrip Code: 532872 Dear Sir/ Madam, Sub: Update on litigation – Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Ref.: Intimation dated August 14, 2023 on disclosure of continuing events/information under Regulation 30 of the SEBI Listing Regulations Dear Sir/ Madam, This is with reference to intimation filed by the Company on August 14, 2023 disclosing the details of the pending litigation(s) or dispute(s) in accordance with the requirements of Regulation 30(4) and Clause 8 of Para B of Part A of Schedule III of the SEBI Listing Regulations, Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. In continuation of the above, we would like to inform you of a development in relation to the ongoing litigation disclosed at Sr. No. 3 of the aforesaid intimation before the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai. The details of the development on the above are provided in Annexure I as per the requirements of Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as Annexure - 1. You are requested to take the above information on record. For Sun Pharma Advanced Research Company Limited Kajal Damania Company Secretary and Compliance Officer Encl: As above Annexure 1 Disclosures required under Regulation 30 read with Para B of Schedule Ill (Part A) of SEBI Listing Regulations, along with the additional details required under the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Sr. Particulars Update 1 The details of any change in the status and / The Tribunal has upheld the Order-in- or any development in relation to such Appeal dated 27.04.2018 passed in favour proceedings; of the Company and confirmed the Company's entitlement to refund of accumulated CENVAT credit along with consequential interest, where applicable for an amount of Rs. 2751 Lakhs. Accordingly, the litigation stands decided in favour of the Company and the Revenue's appeal has been dismissed. 2 In the case of litigation against key Not Applicable management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings; 3 In the event of settlement of the Not Applicable proceedings, details of such settlement including -terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity For Sun Pharma Advanced Research Company Limited Kajal Damania Company Secretary and Compliance Officer