Amrutanjan Health Care Pays Rs 9.74 Crore Lease Rent Arrears to Kapaleeswarar Temple

Amrutanjan Health Care Pays Rs 9.74 Crore Lease Rent Arrears to Kapaleeswarar Temple

Amrutanjan Health Care Pays Rs 9.74 Crore Lease Rent Arrears to Kapaleeswarar Temple​

Amrutanjan Health Care Limited has settled lease rent arrears amounting to Rs 9,74,67,151/- to Kapaleeswarar Temple in compliance with an order issued by the Madras High Court. The payment was made on August 1, 2026, subject to Tax Deduction at Source (TDS).

The action relates to a dispute involving a writ petition and appeal concerning a provision of the Tamil Nadu Hindu Religious and Charitable Endowment Act 1959. Following the court order, the company fulfilled the obligation by clearing the outstanding amount.

As per details provided regarding the matter, the payment was made pursuant to the Madras High Court Order dated March 17, 2026, which was due for settlement by August 2, 2026.

A summary of the key elements related to this obligation is detailed below:

AuthorityNature of Action TakenDate ReferenceViolation Context
The Hon'ble Madras High CourtOrder passed in Writ Petition No. 35484 of 2005 and related appealMarch 17, 2026The company's writ petition concerning Section 34A(5) of the Tamil Nadu Hindu Religious and Charitable Endowment Act 1959 was dismissed by the High Court.

The Company stated that this payment has no significant impact on its financial or operational activities.

AMRUTANJAN Stock Price Movement​

Shares of Amrutanjan Health Care Limited slipped on Friday by 0.32% to settle at ₹515, following a decline of ₹1.65 per share. The stock traded a volume of 79,699 shares and saw intraday movement ranging between a high of ₹516.95 and a low of ₹511.60.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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