Amrutanjan Health Care Limited Responds to News Item, Clarifies Madras High Court Order
Amrutanjan Health Care Limited clarified on March 18, 2026, that negotiations regarding a previously reported matter were not ongoing. The company’s response follows a query from the National Stock Exchange of India Limited (NSE) and BSE Limited concerning a news item and trading activity.The news item referred to Writ Petition No. 35484 of 2005, which was recently decided by the Madras High Court. The company received a copy of the order late on March 17, 2026. According to Amrutanjan, the petition sought to declare a proviso to Section 34A(5) of the Tamil Nadu Hindu Religious and Charitable Endowment Act 1959 as illegal. The Madras High Court dismissed the petition.
Amrutanjan Health Care Limited stated that the resolution of this matter will not have a material impact on its business or operations and has previously disclosed it as a contingent liability in its Annual Reports. The company also noted that the news item contained factually incorrect information.
In a tabular format, the company provided further details regarding the High Court order:
| S. No. | Particulars | Information / Remarks |
|---|---|---|
| 1 | Name of the Authority | The Hon'ble Madras High Court |
| 2 | Nature and details of the action(s) taken, initiated or orders) passed | Order passed in Writ Petition No. 35484 of 2005 along with the related appeal |
| 3 | Date of Receipt of order, including any ad- Late on 17 March 2026 interim or interim orders, or any other communication from the authority | |
| 4 | committed or alleged to be committed | Details of the violation(s)/contravention(s) – The company's writ petition to declare the proviso to Section 34A(5) of the Tamil Nadu Hindu Religious and Charitable Endowment Act 1959 as illegal and ultra vires and unenforceable insofar as the company is concerned has been dismissed by the Hon'ble Madras High Court. |
| 5 | activities of the listed entity, quantifiable in monetary terms to the extent possible | Impact on financial, operation or other – There is no impact on the business and operations of the company. In fact, the company has given the information on this under contingent liability in the Annual Reports. Two news articles are also published in this regard which contain certain information which is factually incorrect |
The company is evaluating the matter and reserves the right to pursue legal remedies concerning both the outcome of the case and the published news reports containing inaccurate information.
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