We are enclosing herewith the press release w.r.t Government reduces the GST rates in healthcare sector which are self-explanatory in nature. Kindly take the same in your record.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Aayush Wellness Ltd welcomed the Indian government's decision to cut GST rates on healthcare and wellness products, calling it a landmark move for preventive healthcare. The company has revised its pricing for nutraceutical products and healthcare services to pass the full GST benefit directly to consumers, with updated MRPs already communicated to its distribution network. Some old stock carrying earlier (higher) prices may still be available at retailers during the transition period. The company sees this reform as a growth catalyst in India's USD 370 billion healthcare market and plans to expand its portfolio across nutraceuticals, diagnostics, and preventive healthcare services.
Lower prices may drive higher volumes for Aayush's nutraceutical and wellness products, though short-term margins could be squeezed. The proactive pricing revision is likely to be viewed positively by retail investors, but the filing is essentially a press release with no hard financial guidance.