Park Medi World Limited said the Income Tax Department conducted verification from October 12 to October 17, 2026, at premises linked to the company, certain subsidiaries and officials. The company said no order had been passed as of its October 23 disclosure and that operations and expansion plans were unaffected.
BKK Bureau, New Delhi | 23 October 2026 | 2:00 PM IST
Park Medi World Limited has disclosed to the National Stock Exchange of India that the Income Tax Department conducted verification at some premises connected with the company, certain subsidiaries and officials between October 12 and October 17, 2026.
The disclosure was filed on October 23 under the exchange’s reporting category covering actions initiated or orders passed. The filing identifies the action as a search or seizure-related matter and names the Income Tax Department as the statutory authority. The company’s narrative, however, describes the exercise as verification conducted at premises related to the business and associated individuals.
Park Medi World said the premises covered included locations linked to the company and several subsidiaries. The subsidiaries named in the filing are Park Medicity (World) Private Limited, Kailash Super-Speciality Hospital Private Limited, Umkal Health Care Private Limited, Mahip Hospitals Private Limited, Narsingh Hospital & Heart Institute Private Limited, R G S Healthcare Limited, Park Medicity India Private Limited, DMR Hospitals Private Limited, Blue Heavens Health Care Private Limited, Park Medicity (North) Private Limited, Aggarwal Hospital and Research Services Private Limited, Park Medicenters And Institutions Private Limited, V3 Healthcare Private Limited and K P S Wellness Private Limited.
The filing also lists promoter and management personnel among the persons covered by the disclosure. These include Dr. Ajit Gupta, identified as chairman and whole-time director; Dr. Ankit Gupta, identified as managing director; and Rajesh Sharma, identified as chief financial officer. It additionally refers to various other persons, including employees, members of the promoter group and former employees.
Park Medi World stated that no order had been passed as of the date of its disclosure. The company also said there had been no impact on its operations, commitments or expansion plans. The filing does not report any penalty, demand, finding or other final action.
The exchange filing was signed by Abhishek Kapoor, the company’s company secretary and compliance officer, and was submitted from Gurugram. The disclosure records the verification exercise and the company’s position at the time of filing, while any subsequent action would require a further official communication.
What the filing establishes
- The Income Tax Department conducted verification between October 12 and October 17, 2026.
- Some premises connected with Park Medi World, certain subsidiaries and officials were covered.
- The filing names company subsidiaries, promoters, senior management, employees, promoter-group members and former employees.
- Park Medi World said no order had been passed as of October 23, 2026.
- The company reported no impact on operations, commitments or expansion plans.
Why it matters
The disclosure places an Income Tax Department verification involving a listed healthcare company and related entities on the public record. For shareholders and business counterparties, the company’s statement that no order had been passed and that operations and expansion plans remained unaffected provides the current status reported by the company.
Source: National Stock Exchange of India
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