Shares of Yatharth Hospital and Trauma Care Services Ltd rose 1.15% to Rs 748.55 on Thursday, November 13, after the company received a significant relief order from the Deputy Commissioner of Income Tax, Delhi.
In its regulatory filing, the healthcare provider said that the Income Tax Department has directed the release of all provisionally attached properties belonging to the company. The order also unfreezes the fixed deposits that were previously under attachment, allowing Yatharth Hospital to use these funds freely for operational and expansion purposes.
The order comes as a major development for the company, which had been awaiting resolution since January 2025. Yatharth Hospital said it had cooperated fully with the authorities and submitted all required documentation during the review process.
Reaffirming its commitment to governance standards, the company stated, “Yatharth Hospital remains committed to maintaining transparency, compliance, and high corporate governance standards. Any further communication from the department regarding the conclusion of the proceedings will be shared with the exchanges promptly.”
The stock reaction reflects investor optimism over improved liquidity and operational clarity following the release order.
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