JBCHEPHARM: The company has received an order from the State Tax Officer, Chennai, imposing a penalty of ₹0.81 Cr.

This is for alleged reversal of tax liability related to differences in tax returns vs. books for Apr-19 to Mar-20. The company plans to appeal the order and expects a favorable outcome, stating it doesn't foresee any material financial impact. #JBChem #TaxPenalty #InvestorUpdate