<ul><li>Dr Reddy’s has received a ₹2,395 crore tax demand from the Income Tax Department.</li><li>The demand notice was issued following a show cause notice received by the company on April 4, 2025, regarding its tax returns for the Assessment Year 2020-21.</li><li>Dr Reddy’s stated that the scheme of amalgamation approved by the NCLT in Hyderabad in 2022 was conducted in compliance with all legal requirements, including tax laws.</li><li>The company believes there was no tax evasion as a result of the merger and assesses that the demand will not materially impact its financials, operations, or activities.</li></ul>

Dr Reddy’s faces ₹2,395 crore tax demand

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