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EXCLUSIVE | I-T raids Mankind Pharma’s New Delhi offices, say sources; shares 8% off peak

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I-T raids Mankind Pharma: The action is likely to continue for 1-2 days, official sources told Zee Business. Email queries sent to Mankind Pharma confirming the development were yet to elicit response at the time of publishing this report.

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I-T raids Mankind Pharma: The Income Tax (I-T) department conducted searches at Mankind Pharma’s New Delhi offices, as per sources. The action is likely to continue for 1-2 days, official sources told Zee Business quoting the department. However, Zee Business has not received any response to the email it sent to the company, regarding the development. At the time of writing this report, the stock of the newly-listed company was trading 4.5 per cent lower at Rs 1319.60 on the BSE.

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