Akums Drugs and Akumentis Healthcare Hit with ₹134 Crore Tax Demand
Akums Drugs and Pharmaceuticals Ltd, a prominent Indian contract research and manufacturing services (CRAMS) provider, and its subsidiary, Akumentis Healthcare, have received a tax demand notice totaling ₹134 crore from the Income Tax Department. The notification, disclosed to the stock exchanges this week, triggered a negative market reaction, with shares of Akums Drugs closing at…