Family Care Hospitals' CFO Amit Satishchand Tyagi resigned effective October 28, 2025, amid significant financial losses and regulatory challenges. The company reported sizeable net losses and created provisions for lease liabilities. The resignation adds to the firm's leadership transition as it seeks to stabilize operations.
Family Care Hospitals Limited (FCHL) has announced the resignation of its Chief Financial Officer (CFO), Amit Satishchand Tyagi, effective October 28, 2025. Mr. Tyagi tendered his resignation citing personal reasons, with the company confirming no additional material reasons for his departure. This leadership change comes during a turbulent period for FCHL, which reported substantial financial losses for the second quarter and first half of the fiscal year ending September 30, 2025.
The company reported a net loss of ₹460.72 lakhs for Q2 FY26 and ₹530.24 lakhs for H1 FY26. Amid these challenges, FCHL faced additional financial strain, including a penalty payment of ₹35.10 lakhs under protest following a SEBI order, and a provision of ₹368 lakhs related to lease liabilities for its Mahim Division, following a Supreme Court direction. The board reviewed and approved these financial results alongside acknowledging the CFO’s exit in its October 28 meeting.
FCHL is now focusing on stabilizing its operations and ensuring leadership continuity to navigate this difficult phase. Stakeholders will closely watch how the company manages regulatory compliance and operational challenges in the months ahead.
Notable updates:
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CFO Amit Satishchand Tyagi resigns citing personal reasons
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Net losses: ₹460.72 lakhs (Q2) and ₹530.24 lakhs (H1 FY26)
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Penalty paid under protest: ₹35.10 lakhs as per SEBI order
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Provision for lease liabilities: ₹368 lakhs related to Mahim Division
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Board approves Q2 & H1 results and notes CFO resignation
Source: Reuters, Angel One, Market Screener