Announced Wed, 24 Dec · 18:46 IST

The relevant disclosure is attached.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Fortis Malar Hospitals has disclosed receiving an Income Tax Order dated December 24, 2025, from the Centralized Processing Centre (CPC), Income Tax Department, Bengaluru. The order was issued under Section 143(1) of the Income Tax Act for Assessment Year 2024-25, raising a demand of INR 20.82 Lakhs. The company is evaluating all options, including filing an appeal against the order. The demand relates to the processing of the company's Return of Income and is a routine tax intimation order rather than a major enforcement action.

Likely market impact

The financial impact is minimal at INR 20.82 Lakhs (roughly ₹20.8 lakh), which is immaterial relative to the company's size. Shareholders are unlikely to see any meaningful impact on the stock price, though the company will incur some legal/advisory costs if it chooses to appeal.