Fortis Malar Hospitals Ltd — Important, 12-11-2025: Company Update

Fortis Malar Hospitals announced an update on a tax matter. The company had received a show cause notice from the State Tax Authority, initially demanding INR 47.19 Cr for the period April 2019 to March 2020. After the company's submission, the Authority issued an order confirming a final demand of approximately INR 0.05 Cr, which includes interest and penalties. The initial notice for the remaining balance was dropped. This significantly reduces the financial impact on the company from the original claim.