NSEGeneral Updates30 Jun 2026 · 30 Jun 2026, 08:30 pm
General Updates
Max Healthcare Institute Limited · MAXHEALTH
✦ AI Summary▼ NegativeRegulatory
Max Healthcare Institute Limited has received a penalty of ₹32,81,528 from the Income Tax Department for transactions related to employee security deposits and vendor adjustments that were recorded as journal entries to settle internal liabilities, which the IT Department considered as acceptance or repayment of loans or deposits through non-prescribed modes.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10
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Full Announcement
Max Healthcare Institute Limited has informed the Exchange about disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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MAXHEALTH_30062026203020_SE_Intimation_Income_Tax_Order.pdf
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June 30, 2026
Listing Department, Listing Department,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street,
Mumbai - 400 051 Mumbai - 400 001
Symbol: MAXHEALTH Scrip Code: 543220
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
This is to inform that the Company has received an Order from the Assessment Unit, Income Tax Department.
Details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed
as Annexure.
This disclosure will also be hosted on Company's website viz. www.maxhealthcare.in.
Kindly take the same on record.
Thanking you
Yours truly,
For Max Healthcare Institute Limited
Dhiraj Aroraa
EVP - Company Secretary and Compliance Officer
Encl.: As above
Annexure
Details with respect to Regulation 30 of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Particulars Details
1. Name of the authority Assessment Unit, Income Tax Department (“IT Department”)
2. Nature and details of the action(s) taken or The IT Department has levied a penalty of ₹32,81,528.
order(s) passed
3. Date of receipt of direction or order, Received by the Company on June 30, 2026 at 9.57 am (IST).
including any ad-interim or interim orders,
or any other communication from the
authority
4. Details of the violation(s)/ contravention(s) Penalty of ₹32,81,528 has been imposed for transactions of the
committed or alleged to be committed Company against its receivables (such as employee security
deposits or vendor adjustments) that were passed through
journal entries in the books to square off or settle internal
liabilities.
The IT Department considered the above transactions as
acceptance or repayment of loans or deposits through
non-prescribed modes and levied the aforesaid penalty.
5. Impact on financial, operation or other Other than above amount to be paid by the Company, there is
activities of the listed entity, quantifiable in no other impact on financial, operational or other activities of
monetary terms to the extent possible the Company.
The management is in process of filing an appeal against the
Order.