NSEAction(s) taken or orders passed4h ago · 15 Oct 2026, 04:31 pm
Action(s) taken or orders passed
Akums Drugs and Pharmaceuticals Limited · AKUMS
✦ AI Summary▼ NegativeRegulatory
Akums Drugs and Pharmaceuticals Limited has received a Demand Notice from National Pharmaceutical Pricing Authority for manufacturing and marketing a new drug/formulation without prior price approval, resulting in a total demand of Rs. 52,74,68,193/-.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment2/10
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Akums Drugs and Pharmaceuticals Limited has informed the Exchange about Action(s) taken or orders passed
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NSEAKUMS10_15102026163058_AKUMSINTIMATION.pdf
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Ref: Akums/Exchange/2026-27/54 October 15, 2026
The Listing Department The Listing Department
National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, C-1, Block G, 25th Floor, New Trading Ring,
Bandra Kurla Complex, Rotunda Building, Phiroze Jeejeebhoy Towers,
Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001
Symbol: AKUMS Scrip Code: 544222
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Demand Notice
Respected Sir/Ma’am,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR
Regulations”), this is to inform you that Pure and Cure Healthcare Private Limited (“Pure & Cure”), a wholly-owned
subsidiary of Akums Drugs and Pharmaceuticals Limited (“the Company”) has received a Demand Notice from National
Pharmaceutical Pricing Authority, Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of
India dated October 13, 2026 for manufacturing of formulation “Lanol 1000 mg injection” 100ml (the product), for our
client Hetero Healthcare Limited (“the client”), the notice states that the client has fixed MRP of the product, in excess
to the prescribed limits under the applicable provisions of The Drugs (Prices Control) Order, 2013.
The above referred demand notice dated October 13, 2026 was issued to three (03) parties which includes Hetero
Healthcare Limited as a Marketer, Abaris Healthcare Private Limited and Pure & Cure as a manufacturer (hereinafter
referred to be as the “Parties” to the demand notice). However, the prime responsibility to respond on the notice is of
Hetero Healthcare Limited, being the marketer of the product.
Further in the ordinary course of business, the Company and its subsidiaries execute supply agreements with the
marketing entity(ies) containing a clause that marketing entity shall be solely held liable for violation of DPCO
provisions; and any penalty, fine, interest and other amount, as may be specified by the regulatory or statutory
authority, in the event of any discrepancy found in the maximum retail price of the supplied medicine.
Details of action/order required to be furnished under Regulation 30 read with Clause 20 of Para A of Part A of Schedule
III of SEBI LODR Regulations is annexed as “Annexure-A”
The above-mentioned demand notice was received by the Company on October 15, 2026 at 11:05 A.M.
This is for your kind information and record.
Thanking You
Yours Faithfully
For Akums Drugs and Pharmaceuticals Limited
Dharamvir Malik
Company Secretary & Compliance Officer
Encl.: As above
Annexure-A
Details of the action/order required to be disclosed as per Regulation 30 read with Clause 20 of Para A of Part
A of Schedule III of SEBI LODR Regulations:
Sr. Particulars Details
1. Name of the authority National Pharmaceutical Pricing Authority
(“NPPA”), Department of Pharmaceuticals, Ministry
of Chemicals & Fertilizers, Government of India
2. Nature and details of the action(s) taken, initiated or NPPA has issued a Demand Notice of
order(s) passed; Rs. 52,74,68,193/- on October 13, 2026 against the
below mentioned Parties:
1. Hetero Healthcare Limited
2. Pure and Cure Healthcare Private Limited, a
wholly-owned subsidiary of the Company
3. Abaris Healthcare Private Limited
3. Date of receipt of direction or order, including any ad- Demand Notice dated October 13, 2026
interim or interim order, or any other communication (received by the concerned person on October 15,
from the authority; 2026 at 11:05 A.M. (IST))
4. Details of the violation(s)/ contravention(s) committed NPPA has issued the demand notice for
or alleged to be committed; manufacturing/marketing of new
drug/formulation “Lanol 1000 mg injection” 100ml,
-to the below mentioned parties:
1. Hetero Healthcare Limited
2. Pure and Cure Healthcare Private Limited,
a wholly-owned subsidiary of the Company
3. Abaris Healthcare Private Limited
without obtaining prior price approval from
Government of India as specified under Section 15
of The Drugs (Prices Control) Order, 2013
5. Impact on financial, operation or other activities of the Total Impact on the parties will be of
listed entity, quantifiable in monetary terms to the Rs. 52,74,68,193/- including overcharging amount
extent possible; of Rs. 18,94,80,649/- for the batches manufactured
during December 2017 to August 2024 and penalty
amount of Rs. 18,94,80,649/- being 100% of the
overcharged amount along with interest amount of
Rs. 14,85,06,895/- up to October 30, 2026.
The prime responsibility to respond on the notice
lies with our client.