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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Growth Catalyst1/10
Governance Concern1/10
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Balance Sheet Risk1/10
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Sun Pharma Advanced Research Company Limited has informed the Exchange about update on Litigation.
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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