Wockhardt Limited Receives Upgraded ESG Rating of 73 (Excellent) for 2025

1 min read     Updated on 31 Dec 2025, 06:27 PM
scanx
Reviewed by
Suketu GScanX News Team
Overview

Wockhardt Limited has received an improved ESG rating of 73 (Excellent) for 2025 from ESG Risk Assessments & Insights Limited, marking a significant upgrade from the previous rating of 67.3 for FY25. The voluntary assessment was conducted independently without company engagement, and the disclosure was made in compliance with SEBI regulations.

28731428

*this image is generated using AI for illustrative purposes only.

Wockhardt Limited has received an upgraded ESG (Environmental, Social, and Governance) rating of 73 (Excellent) for 2025 from ESG Risk Assessments & Insights Limited, a SEBI-registered ESG rating provider. This represents a significant improvement from the company's previous ESG rating of 67.3 received for Financial Year 2024-25. The pharmaceutical company disclosed this latest information to stock exchanges on January 1, 2026, in compliance with regulatory requirements.

Latest ESG Rating Assessment

The new rating assignment was conducted voluntarily by ESG Risk Assessments & Insights Limited as part of their ESG assessment process. Similar to the previous rating, the company has clarified that it did not engage the rating provider for this purpose, making it an unsolicited assessment.

Parameter: Current Rating Previous Rating
ESG Rating: 73 (Excellent) 67.3
Rating Year: 2025 FY 2024-25
Rating Provider: ESG Risk Assessments & Insights Limited SES ESG Research Pvt Ltd
Provider Status: SEBI-registered ESG rating provider SEBI-registered ESG rating provider
Assessment Type: Voluntary ESG assessment Voluntary annual ESG assessment

Rating Methodology and Independence

ESG Risk Assessments & Insights Limited determined the rating independently based on Wockhardt's public disclosures and other publicly available information. The rating provider conducted its assessment without any direct engagement or commissioning from the company, ensuring an objective evaluation of the pharmaceutical company's ESG practices and performance.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This regulatory framework mandates listed companies to inform exchanges about ESG ratings received from SEBI-registered providers.

The company has made this information available on its official website at www.wockhardt.com , ensuring transparency and accessibility for stakeholders. Company Secretary Rashmi Mamtura signed the regulatory filing dated January 1, 2026, with reference number WOCK/SEC/SE/2025-26/058, confirming the authenticity of the disclosure.

Historical Stock Returns for Wockhardt

1 Day5 Days1 Month6 Months1 Year5 Years
-3.74%-1.34%+6.73%-15.32%-3.69%+194.69%
Wockhardt
View in Depthredirect
like16
dislike

Wockhardt Limited Receives GST Demand Order of ₹90.23 Lakhs for FY 2019-20

1 min read     Updated on 31 Dec 2025, 04:51 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Wockhardt Limited received a GST demand order of ₹90.23 lakhs from Central GST authorities for FY 2019-20, including a penalty of ₹28.08 lakhs. The demand relates to GST adjustments due to excess payments in earlier years. The company plans to appeal the order and states it will have no material impact on operations or financials.

28725674

*this image is generated using AI for illustrative purposes only.

Wockhardt Limited has informed stock exchanges about receiving a GST demand order of ₹90.23 lakhs from tax authorities for the financial year 2019-20. The pharmaceutical company disclosed this development under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Demand Order Details

The company received the tax demand order dated December 26, 2025, from the Superintendent, Central GST Range-11, Division-III, Ghaziabad. The total demand amount includes both the principal tax liability and penalties imposed by the authorities.

Parameter: Details
Total Demand Amount: ₹90.23 lakhs
Penalty Component: ₹28.08 lakhs
Period Covered: FY 2019-20
Issuing Authority: Superintendent, Central GST Range-11, Division-III, Ghaziabad
Order Date: December 26, 2025

Nature of GST Violation

The demand has been raised due to adjustment of GST amount in the returns filed for FY 2019-20. According to the company's disclosure, the issue stems from excess GST paid during earlier years, which required adjustments in the subsequent financial year returns. The demand arose as part of the regular yearly assessment under current GST provisions.

Company's Response and Impact Assessment

Wockhardt Limited has expressed its disagreement with the demand order and announced plans to file an appropriate appeal against the tax authorities' decision. The company emphasized that this demand order will have no material impact on its financial position, operations, or other business activities.

The pharmaceutical company clarified that the GST demand emerged through routine assessment procedures and would not affect its ongoing operations. Management has assured stakeholders that necessary steps are being taken to contest the order through proper legal channels.

Regulatory Compliance and Disclosure

The company acknowledged a delay in making this disclosure to the stock exchanges, attributing it to an inadvertent administrative oversight. The disclosure was made upon realization of the omission, ensuring compliance with regulatory requirements.

Wockhardt Limited has confirmed that this intimation is also available on the company's official website at www.wockhardt.com , maintaining transparency with all stakeholders regarding this regulatory development.

Historical Stock Returns for Wockhardt

1 Day5 Days1 Month6 Months1 Year5 Years
-3.74%-1.34%+6.73%-15.32%-3.69%+194.69%
Wockhardt
View in Depthredirect
like16
dislike
More News on Wockhardt
Explore Other Articles
1,403.90
-54.50
(-3.74%)