Tokyo court dismisses NTK's claims against Daiichi Sankyo; costs on NTK
- Tokyo District Court dismissed all claims by NTK against Daiichi Sankyo on September 10, 2026
- NTK is required to bear the full costs of the litigation proceedings
- Fortis Healthcare disclosed the outcome under SEBI Regulation 30 on September 11, 2026
- NTK plans to review the judgment and pursue further legal remedies

*this image is generated using AI for illustrative purposes only.
Fortis Healthcare disclosed that the Tokyo District Court dismissed all claims filed by Northern TK Venture Pte Ltd (NTK) against Daiichi Sankyo Company, Limited on September 10, 2026.
Case outcome summary
The court ruled that NTK, the promoter shareholder of Fortis Healthcare, must bear the costs of the litigation. The judgment was delivered following proceedings initiated by NTK before the Tokyo District Court in Japan.
Fortis Healthcare made this disclosure under Regulation 30 of SEBI Listing Regulations on September 11, 2026, referencing an announcement by IHH Healthcare Berhad on the Malaysian Stock Exchange and SGX Stock Exchange dated September 10, 2026.
NTK's response
NTK stated it respectfully disagrees with the decision and maintains confidence in the merits of its position. The company is reviewing the judgment with its legal counsel to evaluate all available legal remedies.
NTK remains committed to protecting its rights through appropriate legal channels. No specific timeline or nature of next steps was disclosed in the filing.
Historical Stock Returns for Fortis Healthcare
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.76% | -3.81% | -5.98% | +4.01% | -10.66% | +218.41% |
How might NTK's potential appeal or further legal action impact the timeline and certainty of the Fortis Healthcare-IHH Healthcare merger?
What are the immediate financial implications for Fortis Healthcare regarding the litigation costs awarded against NTK, and will this affect its balance sheet?
Could this legal victory strengthen IHH Healthcare's negotiating position in any remaining regulatory or shareholder approvals for the acquisition?


































