Chandan Healthcare Clarifies Separation from Dayal Institute of Medical Sciences
Chandan Healthcare Limited issued a clarification regarding the relationship between its entities and Dayal Institute of Medical Sciences Limited (DIMSL), following previous communication from May 20, 2026. The company stated that DIMSL, which was formerly known as Chandan Institute of Medical Sciences Limited, is presently not under the management or control of Chandan Healthcare Limited or its promoter group.The company reiterated that neither Chandan Healthcare Limited nor its present management participates in the affairs, management, or operations of DIMSL. Consequently, Chandan Healthcare Limited noted that no present management, operational, or business linkage exists between the two entities.
In addressing concerns raised, the company clarified that the matter in question does not have any financial impact on the business operations, financial position, or overall affairs of Chandan Healthcare Limited.
The clarification noted that the allegations referred to in the complaint are assertions made by the complainant and are currently under examination by the concerned authorities. Chandan Healthcare Limited stated that it is extending full cooperation and will submit appropriate clarifications or documents as may be required.
The filing, dated May 21, 2026, confirmed the company's position on the operational separation. The Company Secretary and Compliance Officer, Rajeev Kumar Nain, oversaw the communication.
CHANDAN Stock Price Movement
Today, Chandan Healthcare Limited shares shed 0.51%, settling at ₹236.2 after a decline of ₹1.20. The equity traded with a total volume of 56,800 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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