Jubilant Pharmova (JUBLPHARMA) — Announcement

📢 Key Event
Jubilant Pharmova receives GST show cause notice from CGST Roorkee

💡 Investor Takeaway
The notice poses no expected financial or operational risk to the company.

Jubilant Pharmova disclosed receipt of a GST show cause notice from the Joint Commissioner of CGST, Roorkee, dated August 27, 2026, demanding ₹52.75 Cr in IGST refund, interest, and penalty for FY 2020-21 and 2021-22 related to Rule 96 violations. The company contests the notice as legally incorrect and expects no financial or operational impact, filing a detailed reply shortly.

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About Jubilant Pharmova Ltd (JUBLPHARMA)

Healthcare · Pharmaceuticals · Listed on BSE

Market Cap: ₹14,469.9 Cr P/E: 40.9 ROE: 5.0% ROCE: 7.4% Div Yield: 0.55%

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"How does the company justify its IGST refund claim under Rule 96?" "What is the potential timeline for resolving this GST dispute?" "How might this notice affect future GST compliance costs?"

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🔥 Also filed on 28 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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