Tata Health International Reports Loss of Records and Loss of Subsidiary Control
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Tata Health International Holdings Limited reported significant accounting issues following an internal control review. The company lost contact with the former director of certain subsidiaries, leading to the inability to locate their records. Additionally, there was no formal financial reporting policy at other subsidiaries. The company has been advised to implement comprehensive financial reporting procedures. Trading of its shares is suspended, and shareholders are urged to exercise caution.
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