NSEGeneral Updates24 Jun 2026 · 24 Jun 2026, 04:48 pm
General Updates
Jubilant Pharmova Limited · JUBLPHARMA
✦ AI SummaryLitigation
Jubilant Pharmova Limited has received a rectification order from the Income Tax Department for its wholly-owned subsidiary Jubilant Generics Limited, reducing tax adjustments from Rs. 107.89 crs to Rs. 42.41 crs for Assessment Year 2023-24.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Jubilant Pharmova Limited has informed the Exchange about General Updates
Attachments (1)
📄pdf
Download →
JUBLPHARMA_24062026164826_JGL_Stock_Exchange_Disclosure-clean.pdf
View document text
June 24, 2026
BSE Limited National Stock Exchange of India Limited
Floor 25, P. J. Towers Exchange Plaza
Dalal Street, Fort Bandra Kurla Complex
Mumbai - 400 001 Bandra (E)
Mumbai - 400 051
Scrip Code: 530019 Symbol: JUBLPHARMA
Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”)
Dear Sir,
In continuation to our disclosure dated May 22, 2026 and pursuant to Regulation 30 of the Listing
Regulations read with Schedule III and the SEBI Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 we hereby submit that an Order has been received from
the Income tax department in the matter of Jubilant Generics Limited (“JGL”) (a wholly owned step
down Indian subsidiary) of the Company.
In this regard, we wish to inform that JGL had preferred a rectification application in respect of income
assessed by the Income Tax Department for the Assessment Year 2023-24. Pursuant to such
rectification tax adjustments have been reduced from Rs. 107.89 crs to Rs. 42.41 crs. The appeal on
merit ground is being pursued before CIT(A) separately.
The information in the relevant format is enclosed as Annexure A.
Date and time of receipt of order is June 23, 2026, 10:17 PM (IST).
The above-mentioned document is being simultaneously posted on the Company's website at
www.jubilantpharmova.com.
We request you to take this on record.
Thanking you,
Yours faithfully,
For Jubilant Pharmova Limited
Naresh Kapoor
Company Secretary
Annexure A
The details of any change in the In the case of litigation against key In the event of settlement of the
status and / or any development management personnel or its promoter proceedings, details of such
in relation to such proceedings or ultimate person in control, regularly settlement including - terms of the
provide details of any change in the settlement, compensation/penalty
status and / or any development in paid (if any) and impact of such
relation to such proceedings settlement on the financial position of
the listed entity.
Jubilant Generics limited has Not Applicable JGL has got the relief from the relevant
received a Rectification Order Transfer Pricing Officer thereby
dated June 23, 2026, for AY 2023- restoring the tax losses of Rs. 65.48 crs.
24 reducing total tax adjustments
made from Rs. 107.89 crs to Rs.
42.41 crs.