Pfizer Ltd. — Regulatory Filings 2024

Aug 14, 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 14, 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: Intimation pursuant to 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 14, 2024, issued by Office of the Deputy Commissioner of State Tax, Nodal Division-VII, Mumbai basis the GST audit conducted for Maharashtra state for the financial year 2019-20 for a Tax demand of Rs. 4,87,677/-, Interest of Rs. 4,75,485/- penalty of Rs. 48,767/- aggregating to a total demand of Rs. 10,11,929/-.

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/CFDPoD1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure A.

Please take the same on record.

Thanking you,

Your truly, For Pfizer Limited PRAJEET Digitally signed by PRAJEET NAIR NAIR Date: 2024.08.14 21:24:04 +05'30' Prajeet Nair

Director – Corporate Services & Company Secretary

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

ANNEXURE – A

Information as required under Regulation 30 - Part A of Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Sr.no.	Particulars	Details
1.	Name of Authority Initiating the action/passing the order.	Office of the Deputy Commissioner of State Tax, Nodal Division-VII, Mumbai
2.	Nature and details of the action(s) taken, initiated or order(s) passed.	The Order received on August 14, 2024, under section 73 of Goods & Services Tax Act, 2017 for a Tax Demand of Rs. 4,87,677/- (Rs. Four Lakhs Eighty Seven Thousand Six Hundred Seventy Seven Only) Interest of Rs. 4,75,485/- (Rs. Four Lakhs Seventy Five Thousand Four Hundred Eighty Five Only) Penalty of Rs. 48,767/- (Rs. Forty Eight Thousand Seven Hundred Sixty Seven Only) aggregating to a Total Demand of Rs. 10,11,929/- (Rs. Ten Lakhs Eleven Thousand Nine Hundred Twenty Nine Only)
3.	Date of receipt of direction or Order, including any ad-interim or Interim Orders, or any other communication from the authority	August 14, 2024
4.	Details of the violation(s) / contravention(s) committed or alleged to be committed.	The Officer has raised the GST demand on account of alleged excess availment of input tax credit.
5.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	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.