Metropolis Healthcare Limited announced that on May 10, 2024, received a notice from the Anti-Corruption Branch, New Delhi, in respect of registration of enquiry for alleged anomalies in diagnostics test conducted in Aam Aadmi Mohalla Clinic. There was a delay in disseminating the information within prescribed timelines as the Company confirmed the facts, analyzed the notice, and determined its impact. For any information related to this contract, the Company has undertaken all its operations as per contract and in compliance with applicable laws and will be fully cooperating with the Authority in connection with the aforesaid enquiry and providing any information as asked for.

As reported earlier, based on prudence, the company has provided 100% of receivables due from the Aam Aadmi Mohalla Clinic from the start of the contract. (In fourth quarter of 2024 the business received is only approximately INR 2.5 million and has been provided for). The Company has undertaken all its operations as per contract and in compliance with applicable laws and will be fully cooperating with the Authority in connection with the aforesaid enquiry and providing any information as asked for.