Family Care Hospitals Limited (FCHL), formerly known as Scandent Imaging Limited, announced the resignation of its Chief Financial Officer (CFO), Amit Satishchand Tyagi, effective from the close of business hours on October 28, 2025. The disclosure was made in compliance with SEBI’s Listing Obligations and Disclosure Requirements.
Mr. Tyagi submitted his resignation letter on October 27, 2025, citing personal reasons. The company confirmed that there are no material reasons beyond those stated by the CFO.
The resignation coincides with the release of FCHL’s financial results for the quarter and half-year ended September 30, 2025:
The company continues to face a challenging financial environment, with substantial losses reported for both periods.
During the quarter, FCHL paid a penalty under protest amounting to ₹35.10 lakh pursuant to a SEBI order dated June 03, 2025. Additionally, the company created a provision of ₹368 lakh for contingent liabilities related to long-pending lease matters at its Mahim Division.
The provision follows a Supreme Court decision dismissing the company’s petition and directing compliance with a Small Causes Court order requiring payment of rent arrears of ₹368 lakh.
The company reiterated its commitment to regulatory compliance and transparency in disclosures. The resignation and financial updates were communicated in accordance with SEBI norms to ensure timely information for stakeholders.
Read More: Centre Revises CGHS Rates for Nearly 2000 Medical Procedures.
Family Care Hospitals faces a difficult phase marked by leadership changes and financial challenges. With the CFO’s resignation and significant provisions impacting results, the company’s focus will likely remain on stabilising operations and addressing regulatory obligations.
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Published on: Oct 28, 2025, 7:50 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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