StockWatch
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Pharmaceuticals
Legal1 Aug 2026, 07:50 pm

Amrutanjan Health Care Pays ₹9.74 Cr Lease Rent Arrears

AI Summary

Amrutanjan Health Care Ltd has paid lease rent arrears of ₹9,74,67,151/- to Kapaleeswarar Temple. This payment is in compliance with an order from the Hon'ble Madras High Court. The company's writ petition and appeal challenging a section of the Tamil Nadu Hindu Religious and Charitable Endowment Act, 1959, were dismissed. Despite the dismissal and the payment, the company states there is no significant impact on its business and operations.

Key Highlights

  • Company paid ₹9.74 Cr in lease rent arrears.
  • Payment is in compliance with Madras High Court order.
  • Company's legal challenge to endowment act dismissed.
  • No significant impact on business operations expected.