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

Fortis Malar Hospitals received a Show Cause Notice from the State Tax Officer. Initially, the GST Authority had demanded INR 38.12 crore for the period April 2021 to March 2022. Following the company's detailed response, the Authority passed an order confirming a significantly lower demand of INR 4.29 Lakhs. This final amount includes INR 1.05 Lakhs in interest and INR 1.62 Lakhs in penalty. The remaining portion of the initial show cause notice has been dropped, substantially reducing the company's potential financial liability and mitigating a major tax dispute risk.