Sandu Pharmaceuticals has secured a refund order from the Goa Commercial Taxes Department.

The company received approximately 0.029 Cr as a Value Added Tax (VAT) refund for the fiscal year 2014-15. This positive development means a direct cash inflow, settling a specific past tax liability.

While the amount is modest, it contributes to the company's financial liquidity and resolves an old tax matter, which is generally a good sign for operational clarity and balance sheet health.