Artemis Medicare Services Ltd (ARTEMISMED) — Announcement | 29 September 2026

Artemis Medicare Services Ltd disclosed a GST show cause notice dated September 28, 2026 from the Assistant Commissioner, CGST Gurugram concerning alleged overcharging of MRP on medicines and consumables for in-patients during FY2022-23. The filing confirms the company is filing a writ petition to connect this matter with a prior pending case where the High Court had stayed proceedings. Annexure A quantifies potential financial implications at Rs. 11.11 Crore plus interest and penalty, though no penalty has been imposed yet. The company previously disclosed similar litigation on November 22, 2024, and secured an interim stay in that case. This regulatory update signals ongoing tax compliance scrutiny but no immediate financial liability.