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Yatharth Hospitals addressed recent market rumors related to income tax matters, clarifying that there are no new developments regarding the provisional attachment of equity shares and properties by the Income Tax Department. The company highlighted that ongoing issues have been previously disclosed to the stock exchanges, including notifications about a search operation and updates on the income tax issue. An amount of Rs 6.23 cr was permitted for use by authorities from the lien amount disclosed during the Qualified Institutional Placement (QIP). Yatharth Hospitals confirmed no pending announcements on the matter and affirmed their active cooperation with authorities, asserting that they do not expect any material financial or operational liabilities from the proceedings.
All announcements from Yatharth Hospital & Trauma Care Services Limited