Fortis Healthcare scraps plan to sell stake in RHT Health Trust, RHTTM
Fortis Hospitals owns 27.82 per cent stake in RHT, which includes 25.14 per cent holding by Fortis Healthcare International Ltd (FHIL) and 2.68 percent by the RHTTM, a unit of Stellant Fortis Healthcare Ltd - 532843 - Reg. 30 - Closure Of Bidding And Search Process For RHT And RHTTM
This is in continuation of our letter ref. FHL/SEC/2019-20 dated April 08, 2019 captioned 'Intimation made by RHTTM' wherein we had informed the stock exchanges that RHT Health Trust Manager Pte. Ltd. ('RHTTM'), wholly owned subsidiary of Stellant Capital Advisory Services Private Limited ('Stellant'), had made certain disclosures to Singapore Stock Exchange with reference to commencement of deliberations with various parties to explore the possibility of sale of interest in RHT Health Trust (RHT) and in RHTTM by Fortis Healthcare International Limited ('FHIL'), being largest unit holder of RHT, and Stellant, respectively. ('Potential Transaction'). Stellant and FHIL are direct/ indirect wholly owned subsidiaries of the Company. It is hereby intimated that pursuant to an open invitation to interested parties to submit proposals in connection with the Potential Transactions, a process to evaluate proposals was undertaken with professional advisers, and preliminary discussions were held with certain third parties concerning the Potential Transactions. However, it is hereby intimated that no firm proposal which is commercially viable was received and no agreement (binding or non-binding) has been reached with any of these parties in connection with the Potential Transactions or any other transaction involving RHT and/or RHTTM. Pursuant to the same, since the above process to explore the Potential Transaction was inconclusive, it was decided to close the bidding and search process. This is for your information and records please. Fortis Healthcare Ltd - 532843 - Citi Bank Loan Repayment
This is in continuation to our letter ref no. FHL/SEC/2018-19 dated January 15, 2019 captioned 'Loan Agreement', please note that the Company, yesterday, repaid entire loan availed from Citi Bank. This is for your information and records please. FORTIS HEALTHCARE LTD. - 532843 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yes Bank Ltd Fortis Healthcare (127.1): Buy
Investors with a short-term view can consider buying the stock of Fortis Healthcare at current levels.The stock gained almost 4 per cent accompanied b Fortis Healthcare Ltd - 532843 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that meeting(s) with certain institutional investor(s) have been scheduled to discuss about the general business updates and the industry in which the Company operates as per the below details: Date of Meeting Particulars Type of Meetings Venue June 11, 2019 Non-Deal Roadshow One - on - One and Group Mumbai Please note that the above schedule may undergo change(s) due to exigencies on the part of the Investors / the Company and no unpublished price sensitive information shall be shared during the said meeting(s). This is for your information and records please. Fortis Healthcare Ltd - 532843 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
With reference to the captioned subject, please find enclosed the Postal Ballot Notice and Form. This is for your information and records please. FORTIS HEALTHCARE LTD. - 532843 - Re-Classification Of Promoters
Pursuant to the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has today received approval from both the stock exchanges viz. BSE Limited and National Stock Exchange of India Ltd. for reclassification of the following promoters: - 1. Malvinder Mohan Singh - Trust 2. Harpal Singh 3. Abhishek Singh 4. Malvinder Mohan Singh 5. Shivinder Mohan Singh 6. Fortis Healthcare Holdings Private Limited 7. Malav Holdings Private Ltd 8. RHC Holding Private Limited The Remaining promoter of the Company is Northern TK Venture Pte. Limited. Approval letters of the stock exchanges as received are attached herewith. This is for your information and record please. Fortis Healthcare Ltd - 532843 - Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report Sr. No. Particulars Details 1Period for which the report has been issued 31/03/2019 2Date of Report30/05/2019 3 Name of the Certifying Firm Sanjay Grover & Associates 4 Name of the Certifying Individual Sanjay Grover 5Membership TypeFCS 6 Membership Number 4223 7 CP No. 3850 8 Whether any observations/qualification reported by the Secretarial Auditor ? Yes Fortis Healthcare posts Q4 net profit of Rs 151 cr
Fortis Healthcare has reported a consolidated net profit of Rs 151.19 crore for the quarter ended March, as against a net loss of Rs 914.32 crore in