5313492026-09-295313492026-09-29in-capmkt:AtTheTimeOfBecomingPartyToLitigationOrAssessmentOrAdjudicationOrArbitrationOrDisputeMember5313492026-09-29OppositePartyAsPerSubPara8OfParaBDomain1PANACEABIOPanacea Biotec Limited531349NOTLISTEDINE922B01023Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)At the time of becoming the party to any litigation, assessment, adjudication, arbitration or disputeNewfalse2026-09-2909:50:002026-09-29Office of the Assistant Commissioner of Income Tax, Delhi2026-09-28AgencyOffice of the Assistant Commissioner of Income Tax, DelhiCompanyPanacea Biotec LimitedThe Company has received two Demand Orders from Office of the Assistant Commissioner of Income Tax, Delhi under the Income Tax Act, 1961 (“Act”) raising aggregate demand of ~₹4.32 Crore towards penalty on account of alleged misreporting / under reporting of income for Assessment Years 2022-23 and 2023-24.Based on the Company’s assessment, the aforesaid demand is not maintainable, and the Company is taking all necessary steps including filing an Appeal with appellate authority against the said demand. The Company does not envisage any significant impact on financial, operation or other activities of the CompanyThe department has alleged misreporting / under reporting of income in the assessment orders passed earlier and has imposed penalty of ~₹4.32 Crore under Section 270A of the Act