Pfizer Ltd. — Regulatory Filings 2024

Aug 31, 2024

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Pfizer Limited

The Capital, 1802/1901, Plot No. C - 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. Tel : +91 22 6693 2000 Fax : +91 22 2654 0274

August 31, 2024

The Corporate Relationship Dept. The Manager, Listing Dept. BSE Limited The National Stock Exchange of India Ltd. 1[st] Floor, P.J.Towers Exchange Plaza, 5[th] Floor, Plot No. C/1, Dalal Street, Fort G Block Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500680 Scrip Symbol: PFIZER

Dear Sirs,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), we wish to inform you that, the Company has received an Order dated August 30, 2024 from the Excise and Taxation Officer-cum- State Tax Officer, Mohali, Ward No 8, Mohali, Ropar, Punjab basis the GST returns scrutiny conducted by the Department under section 73 of GST Act for the period April 2019 to March 2020 for Punjab GSTIN for a Tax demand of Rs. 10,02,987/-, Interest of Rs. 8,87,849/- and Penalty of Rs. 1,16,329/aggregating to a total demand of Rs. 20,07,165/-

Based on our assessment, we believe that the said demand is not maintainable, and the Company is in the process of preferring an appeal against the said Order. The order has no material impact on the financials, operations or other activities of the Company.

Additional details required to be disclosed pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure A.

Request you to please take the above on record.

Thanking you,

Yours truly, For Pfizer Limited

PRAJEE Digitally signed by PRAJEET NAIR Date: 2024.08.31 T NAIR 18:23:49 +05'30'

Prajeet Nair

Director – Corporate Services & Company Secretary

Encl.: A/a

CIN: L24231MH1950PLC008311 Email ID: contactus.india@pfizer.com Website: www.pfizerltd.co.in

Annexure A

Additional information pursuant to SEBI LODR2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

With reference to the captioned subject, we would like to inform you that the Company has received an order from Excise and Taxation Officer-cum- State Tax Officer, Mohali ward no 8, Mohali, Ropar, Punjab basis the scrutiny of returns conducted for the period from April 2019 to March 2020 for Punjab GSTIN- 03AAACP3334M1ZL. The relevant details to be disclosed are as under: -

Sr. No.	Particulars	Details
1.	Name of Authority Initiating the action/passing the order.	Excise and Taxation Officer-cum- State Tax Officer, Mohali, Ward No 8, Mohali, Ropar, Punjab
2.	Nature and details of the action(s) taken, initiated or order(s) passed.	Order Ref No. ZD030824055251P dated 30/08/24 passed under section 73 of PGST Act, 2017 for a tax demand of Rs. 10,02,987/-, Interest of Rs.8,87,849/- and Penalty of Rs. 1,16,329/- aggregating to a total demand of Rs. 20,07,165/-
3.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	30th August 2024
4.	Details of the violation(s) / contravention(s) committed or alleged to be committed.	Alleged that the Company has paid short tax liability on outward supply and has short reversed Input Tax Credit (‘ITC’) on exempt supplies.
5.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	There is no material impact on financials, operations or other activities of the Company. The Company believes that the said demand is not maintainable and is in the process of preferring an appeal against the said order/demand.