NEW DELHI: The Enforcement Directorate (ED) has provisionally attached shares worth Rs 127.3 crore linked to two hospitals - Alchemist Hospital and Ojas Hospital in Panchkula - as part of an ongoing money laundering probe involving the Alchemist Group, the agency said on Friday.
The properties are beneficially owned by businessman Karan Deep Singh. The order was issued by the ED’s Delhi Zonal Office under the Prevention of Money Laundering Act (PMLA), 2002, on October 30, 2025.
The action is connected to a probe into alleged large-scale financial fraud and misappropriation of public funds by the group’s promoters and associated companies.