BSECompany Update6 Aug 2026 · 6 Aug 2026, 07:47 pm
IT Refund of Rs 52 crores
GlaxoSmithKline Pharmaceuticals Ltd · 500660
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GlaxoSmithKline Pharmaceuticals Ltd has received a refund of Rs 52 crores from the ACIT Cir 7(1)(1) after a CIT-Appeal for the assessment year 1984-85.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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GlaxoSmithKline Pharmaceuticals Ltd - 500660 - Disclosure Under Regulation 30
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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
6th August, 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 Final
Order from the ACIT Cir 7(1)(1) with the Demand Liability of Rs 23.21 Crores. The relevant details to be
disclosed are as under:
Sr Particulars Details
1 Name of the authority OGE to CIT-Appeal received for the GSK AY:
1984-85 on 27th Jan, 2026 and the refund
received in Bank on 6th Aug, 2026 for Rs 52.00
2 Nature and details of the action(s) taken, initiated or The said Refund is received post the OGE to
order(s) passed CIT-Appeal for the GSK assessment for the AY:
8 4-85.
3 Date of receipt of direction or order, including any OGE to CIT-Appeal received dated on 27th Jan,
ad-interim or interim orders, or any other 2026 and the actual refund received today i.e.
communication from the authority 6th Aug, 2026.
4 Details of violation(s) / contravention(s) committed or N.A.
alleged to be committed
5 Impact on financial, operation, or other activities of Interest Income of Rs 42.09 Cr on GSK Refund
the listed entity, quantifiable in monetary terms to the for AY: 84-85 will be credited to P/L account as
extent possible Income.
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