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Northern TK Venture Pte Ltd, Fortis Healthcare's promoter, has appealed a Tokyo District Court judgment to the Tokyo High Court. The litigation concerns losses related to delayed tender offer approvals.
Tokyo District Court dismissed all NTK claims against Daiichi Sankyo; NTK must bear litigation costs. NTK is reviewing the judgment and evaluating appeal options.
The Delhi High Court has ordered a forensic audit concerning shareholding changes and control of Fortis Healthcare's erstwhile promoters. The company faces no liability or penalty.
Fortis Healthcare provided an update on litigation filed by its promoter, Northern TK Venture, against Daiichi Sankyo in Japan. The Tokyo District Court has concluded proceedings, with a judgment scheduled for September 10, 2026. This follow-up stems from an April 28, 2026, announcement by IHH Healthcare Berhad regarding the same matter.