Fortis Healthcare Limited
Key Development
The Tokyo District Court in Japan delivered its judgment on September 10, 2026, at 4:24 PM (IST). The court decided that all of NTK's claims against Daiichi Sankyo Company, Limited are dismissed. The court further ruled that NTK shall bear the costs of the litigation.
Parties Involved
- Northern TK Venture Pte Ltd (NTK) - Promoter shareholder of Fortis Healthcare Limited
- Daiichi Sankyo Company, Limited - Defendant in the case
- IHH Healthcare Berhad - Parent company that made the original announcement on Malaysian and SGX stock exchanges
NTK's Response
NTK respectfully disagrees with the Court's decision and maintains firm confidence in the merits of its position. NTK is reviewing the judgment in detail with its legal counsel and is evaluating all legal remedies to pursue the relief it believes is warranted. NTK remains committed to vigorously protecting its rights and interests through every appropriate legal channel.
Future Communications
The company will inform stakeholders of any material developments on this matter. IHH Healthcare Berhad has also committed to making further announcements in the event of any material developments.
Financial Impact
Financial impact not quantified in the disclosure.