Yatharth Hospital & Trauma Care Services Limited — Important, 17-12-2024: Disclosure of material issue
Yatharth Hospital and its subsidiaries, including AKS Medical & Research Centre and Ramraja Multispeciality Hospital, have received provisional attachment orders from the Assistant Commissioner of Income Tax related to multiple unquoted equity shares and properties. The orders restrict the transfer of specified properties located in Uttar Pradesh and Madhya Pradesh. The company confirms that there is no immediate impact on its financials, operations, or other activities until a tax assessment concludes or a demand notice is received. Yatharth Hospitals is actively exploring legal remedies to challenge the orders and will keep the exchanges updated on any developments. The situation warrants close monitoring as it unfolds, though the company's commitment to high standards of governance remains steadfast.
All announcements from Yatharth Hospital & Trauma Care Services Limited
