Poly Medicure Limited (POLYMED) — Corporate Action

· NSE 🔴 High Importance Neutral

Poly Medicure Limited disclosed an order from the Delhi Revenue Department's Stamp & Registration Branch imposing Rs. 1.5 crores penalty and alleged Rs. 1.0025 crores deficit stamp duty on share allotments from 2021-2024. The Company contests the order's jurisdiction and procedural validity, asserting proper stamp duty payment and plans to pursue legal remedies. It expects no material financial impact but is actively challenging the directive.

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About Poly Medicure Limited (POLYMED)

Healthcare · Healthcare Equipment & Supplies · Listed on NSE

Market Cap: ₹15,192.77 Cr P/E: 46.4

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

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