Regulatory14 May 2026, 04:26 pm
Natco Pharma Receives ₹4.92 Cr Demand Notice from NPPA
AI Summary
Natco Pharma Ltd has received a demand notice dated 12th May, 2026, from the National Pharmaceutical Pricing Authority (NPPA) for ₹4,92,25,923. The notice alleges overcharging for two drugs between April and November 2023. Natco Pharma states that the demand notice will not have a material impact on the company's financial or operational activities.
Key Highlights
- Natco Pharma received a demand notice from NPPA on May 12, 2026.
- The demand notice amount is ₹4,92,25,923, including overcharge, penalty, and interest.
- The notice alleges overcharging for two drugs between April and November 2023.
- Natco Pharma claims no material financial or operational impact.
Price Impact
More from NATCOPHARM