Artemis Medicare Services Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
ARTEMISMED · price
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Artemis Medicare Services has informed exchanges that the Delhi High Court has dismissed a writ petition filed by the Regional Provident Fund Commissioner (RPFC), Gurgaon, against the company. The case traces back to a January 2021 RPFC order asking the company to deposit Rs. 3.92 crore as outstanding provident fund, which the Central Government Industrial Tribunal (CGIT), Delhi, had set aside in February 2023 in favor of the company. The RPFC then challenged the CGIT order before the Delhi High Court, but the court has now rejected the writ petition, with the order dated January 28, 2026. The dismissal is a final ruling, meaning the original Rs. 3.92 crore demand does not survive.
Positive for shareholders - the company has successfully defended itself against a Rs. 3.92 crore provident fund demand, removing a long-pending legal overhang. This favorable court outcome avoids any financial liability from the disputed PF claim and reinforces the company's legal position.