Nephrocare Health Services Ltd (NEPHROPLUS) — Announcement | 31 August 2026

Nephrocare Health Services disclosed that its Uzbekistan subsidiary received a tax assessment order from the Tashkent City Tax Department dated August 24, 2026, demanding additional taxes of approximately ₹11.50 crores and a penalty of ₹3.29 crores totaling ₹14.79 crores, arising from a revenue data discrepancy during a tax audit covering January 1, 2023 to December 31, 2025. The company believes the assessment stems from a mismatch between the tax authority's revenue figures and its audited records and preliminary data from the Ministry of Health, but maintains it satisfies the tax exemption criteria and expects the order to be set aside without material financial impact on its consolidated position.