SMS Pharmaceuticals Legal & Regulatory
SMS Pharmaceuticals updated the exchange regarding an ongoing police investigation into a prior impersonation case. One suspect has been arrested and remanded into judicial custody.
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SMS Pharmaceuticals updated the exchange regarding an ongoing police investigation into a prior impersonation case. One suspect has been arrested and remanded into judicial custody.
SMS Pharmaceuticals detected fraudulent transfers of 85,000 physical shares involving forged documents. The company filed a complaint with the Economic Offences Wing to safeguard shareholder interests.
SMS Pharmaceuticals Limited received a rectification order from the Income Tax Department for AY 2018-19. The order significantly reduces the company's tax demand from ₹7.19 Crore to ₹40.28 Lakhs. The company is reevaluating further steps and states there is no material impact on its financial or operational activities.