Date: September 12, 2026
Regulatory Action Disclosure
Nature of Action
- GST Authority - Office of Assistant Commissioner (Uttar Pradesh) levied monetary penalty on ACE Cardiopathy Solutions Private Limited, subsidiary of Entero Healthcare Solutions Limited
- Penalty amount: ₹12,91,728 (Rupees Twelve Lakh Ninety-One Thousand Seven Hundred and Twenty-Eight only)
- Reason for penalty: Non-generation of E-Invoice
Payment Status and Rationale
- Penalty paid under protest on September 11, 2026
- Payment made to secure immediate release of vehicle and avoid further demurrage and operational loss
Financial Impact Assessment
- Company states the amount involved is not material to the consolidated financial position, operations or other activities of Entero Healthcare Solutions Limited
- Matter pertains solely to the subsidiary company
Recovery Actions
- ACE Cardiopathy shall pursue recovery/refund of the amount paid under protest
- Will use appropriate remedy available under GST law
- Necessary steps will be initiated in due course