Regulatory Action
Glenmark receives GST adjudication order demanding tax, interest and penalty
Glenmark received an adjudication order dated 26‑Mar‑2026 (received 31‑Mar‑2026) from the Joint Commissioner, Mumbai East, alleging a FY2020‑21 brand sale is a mixed supply and demanding ₹16.05 crore CGST/SGST, equivalent penalty and applicable interest; the company will appeal and reports no material impact on financials or operations.





