Big relief for Yatharth Hospitals after I-T department orders release of attached properties, FDs
Published on 13/11/2025 09:12 AM
Big relief for Yatharth Hospitals after I-T department orders release of attached properties, FDsIn an interaction with CNBC-TV18 on September 17, Yatharth Tyagi of Yatharth Hospitals said that he is anticipating a 10% annual growth in the Average Revenue Per Occupied Bed (ARPOB) for the next three years at Shantived.By Hormaz Fatakia November 13, 2025, 9:12:54 AM IST (Published)2 Min ReadShares of Yatharth Hospital and Trauma Care Services Ltd. will be in focus on Thursday, November 13, after the company received orders from the Deputy Commissioner of Income Tax, Delhi, where orders were issued for the release of all provisional attached properties of the company.
The Income Tax authorities have also ordered the unfreezing of all fixed deposits of the company that were previously attached by the authorities but now can be used by the company.
"We have actively cooperated with the authorities and provided all the required information," Yatharth Hopitals said, adding that concerned authorities will be informed once the tax department concludes its investigation.
The story goes back to October 2023, when the Income Tax raids were initially conducted by the authorities. Brokerages such as Ambit had dropped its coverage back them citing these ongoig investigations are a cause for concern.
"The recent move by authorities to attach various properties and equity shares in three subsidiaries raises concerns. Given our inability to assess the potential outcome or impact, we are dropping coverage on the stock," Ambit wrote in its note back then.
In an interaction with CNBC-TV18 on September 17, Yatharth Tyagi of Yatharth Hospitals said that he is anticipating a 10% annual growth in the Average Revenue Per Occupied Bed (ARPOB) for the next three years at Shantived.
Shares of Yatharth Hospitals have opened 0.8% higher in early trading at ₹746.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market todayYatharth Hospital