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Pfizer Ltd. — Regulatory Filings 2025
Feb 5, 2025
60507_rns_2025-02-05_8a71d569-d6f6-4f0d-b0d5-3e8243208afb.pdf
Regulatory Filings
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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
February 5, 2025
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 (“Listing Regulations”), we wish to inform you that, the Company has received an Order on February 4, 2025, from the Office of the Assistant Commissioner, Central Goods & Service Tax Division-I, Derabassi, Mohali, Punjab, denying transitional credit availed by the Company in the state of Punjab and levying a tax demand of Rs. 54,07,654/-, Interest of Rs. 69,36,316/- and a Penalty of Rs. 54,07,654/- aggregating to a total demand of Rs. 1,77,51,624/-.
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 Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure A.
Request you to please take the above on record.
Thanking you,
Yours truly, For Pfizer Limited
PRAJEET Digitally signed by PRAJEET NAIR NAIR Date: 2025.02.05 09:47:26 +05'30' Prajeet Nair Director – Corporate Services & Company Secretary
Encl.: A/a
CIN: L24231MH1950PLC008311 Email ID: [email protected] Website: www.pfizerltd.co.in
Annexure A
Additional information pursuant to SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
| Sr. No. |
Particulars | Details |
|---|---|---|
| 1. | Name of Authority | Office of the Assistant Commissioner, Central Goods & Service Tax Division-I, Derabassi, Mohali,Punjab. |
| 2. | Nature and details of the action(s) taken, initiated or order(s) passed. |
Order Ref No. ZD030225002875Q dated February 4, 2025, passed under Section 74 of CGST/PGST Act, 2017 for a tax demand of Rs. 54,07,654/-, Interest of Rs. 69,36,316/- and a Penalty of Rs. 54,07,654/-, aggregating to a total demand of Rs. 1,77,51,624/-. |
| 3. | Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority. |
February 4, 2025 |
| 4. | Details of the violation(s) / contravention(s) committed or alleged to be committed. |
The Authority has denied the transitional credit availed by the Company during FY 2017-18, on account of original documents not been submitted to the Department. |
| 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. |