AMRUTANJANNSEAmrutanjan Health Care Limited· PharmaceuticalsMediumNeutral
Announced Tue, 17 Mar · 18:13 IST

The Exchange has sought clarification from Amrutanjan Health Care Limited with respect to recent news item captioned Amrutanjan held Mylapore Kapaleeswarar Temple land till 2018; Rs 9.74 crore dues: HR&CE tells HC. The response from the Company is awaited.

Regulatory & Legal

AMRUTANJAN · price

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AI summary

The NSE has asked Amrutanjan Health Care to clarify a news report stating the company held Mylapore Kapaleeswarar Temple land until 2018 and owes Rs 9.74 crore to the temple authority (HR&CE department), as informed to the High Court. The company's response is awaited. This is a routine exchange clarification triggered by a media report, not an action by the company itself. The matter pertains to a historical land-related dues issue with a government religious endowment body.

Likely market impact

No immediate impact on shareholders as this is merely a clarification request; however, negative media coverage around a legal dues claim could create short-term sentiment pressure until the company responds.