Fortis Malar Hospitals Ltd — Important, 26-11-2025: Company Update

Fortis Malar Hospitals received a Show Cause Notice from the GST Authority for an initial demand of INR 32.93 Cr covering April 2020 to March 2021. After the company's response, the GST Authority passed an order confirming a demand of INR 0.0278 Cr, which includes interest and penalty. Crucially, the notice pertaining to the balance and majority amount has been dropped. This resolution significantly reduces the potential financial liability for the company, providing clarity on a tax matter with a minimal confirmed impact.