TTK Healthcare Limited — Others, 31-01-2025: Action(s) initiated or orders passed

TTK Healthcare has received a Demand Notice from the National Pharmaceutical Pricing Authority (NPPA) for Rs. 49.28 lakh, which includes an overcharged amount of Rs. 19.87 lakh and accumulated interest of Rs. 29.41 lakh. The demand arises from a price increase in its Orthopaedic Implants and is due to a rounding-off practice deemed as overcharging. While the company will address this notice, there is no immediate impact on its financial operations. Investors may view this as a potential risk, given the scrutiny of pricing practices in the healthcare sector.