NSEGeneral Updates3 Jul 2026 · 3 Jul 2026, 10:52 am
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Sanofi India Limited · SANOFI
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Sanofi India Limited has informed the Exchange about disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding a favourable order issued by the Income Tax Department- Office of the Commissioner of Income tax Appeal - 49, Mumbai, dropping the proceedings initiated under Section 201 of the Income-tax Act, 1961, for Assessment Year 2019-20.
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Sanofi India Limited has informed the Exchange about disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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03rd July 2026
The Secretary The Secretary
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G,
Dalal Street Bandra-Kurla Complex,
Mumbai 400 001 Bandra (E), Mumbai 400 051
Scrip Code: 500674 Symbol: SANOFI
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015,
as amended (“SEBI (LODR) Regulations”)
Dear Sir/Madam,
In compliance with Regulation 30 of the SEBI (LODR) Regulations, we hereby submit the
disclosure regarding Order issued by Income Tax Department- Office of the Commissioner of
Income tax Appeal - 49, Mumbai.
The details of the above Order as required under Regulation 30 of the SEBI (LODR)
Regulations are given below:
Name of the authority Income Tax Department- Office of the Commissioner
of Income tax Appeal - 49, Mumbai.
Nature and details of the Commissioner of Income tax Appeal has accepted the
action(s) taken, initiated or Company’s submissions and issued favourable order
order(s) passed for Assessment Year 2019-20, dropping the
proceedings initiated under Section 201 of the
Income-tax Act, 1961 (“the Act”) thereby deleting the
demand of Rs. 72,71,510.
The Commissioner of Income tax Appeal - 49,
Mumbai, has held that once the Company made
disallowance in its tax computation, the Company
cannot be treated as an ‘assessee in default’ under
section 201(1) for the same amount and be subjected
to demand and interest.
Date of receipt of direction or Order received by the Company on 02nd July 2026
order, including any ad-interim
or interim orders, or any other
communication from the
authority
Details of the The Company had filed an appeal before
violation(s)/contravention(s) Commissioner of Income-tax Appeal against the
committed or alleged to be Order issued under Section 201 of the Act by treating
committed; Company as an ‘assessee in default’ for non-
deduction of taxes on year-end provisions and
thereby determining demand of Rs. 72,71,510.
Sanofi India Limited, Sanofi House, CTS No. 117-B, L&T Business Park, Saki Vihar Road, Powai, Mumbai 400 072 - India - Tel.: +91(22) 2803 2000 - Fax: +91(22) 2803 2939
Corporate Identity Number: L24239MH1956PLC009794 Website: www.sanofiindialtd.com | www.sanofi.in Email: igrc.sil@sanofi.com
The Commissioner of Income tax Appeal has accepted
Company’s submissions that since the Company has
already made disallowance in its tax computation, the
Company cannot be treated as an ‘assessee in
default’ under section 201(1) of the Act, for the same
amount and issued favourable order for Assessment
Year 2019-20, dropping the proceedings under
Section 201 of the Act.
Impact on financial, operation There is no material impact on financial, operational
or other activities of the listed or other activities of the Company.
entity, quantifiable in monetary
terms to the extent possible.
This is for your information and records.
Thanking you,
Yours faithfully
For Sanofi India Limited
Haresh Vala
Company Secretary and Compliance Officer
Membership No.: A18246
Sanofi India Limited, Sanofi House, CTS No. 117-B, L&T Business Park, Saki Vihar Road, Powai, Mumbai 400 072 - India - Tel.: +91(22) 2803 2000 - Fax: +91(22) 2803 2939
Corporate Identity Number: L24239MH1956PLC009794 Website: www.sanofiindialtd.com | www.sanofi.in Email: igrc.sil@sanofi.com