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IHH arm increases damages sought

Mint Chennai

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May 21, 2025

IHH Healthcare's indirect subsidiary Northern TK Venture Pte Ltd. (NTK) has increased its damages claim against Japanese pharma company Daiichi Sankyo Company about tenfold to about ₹11,800 crore or $1.38 billion, over its obstructed open offer for Fortis Healthcare in 2018.

- JESSICA JANI

The company filed an application with the Tokyo District Court to amend its claim for damages against Daiichi Sankyo, it said.

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