Bigul

FORTIS HEALTHCARE LTD. - 532843 - Announcement Under Reg. 30 - Update

This is in continuation of our letter ref. no. FHL/SEC/2018-19 dated December 15, 2018. Kindly find attached herewith announcement made by IHH Healthcare Berhad dated December 17, 2018 on Malaysian Stock Exchange (i.e. Bursa Malaysia) with respect to the Hon'ble Supreme Court order dated December 14, 2018 and, inter alia, the implications thereof on the open offer. We will keep the stock exchanges updated / informed regarding material development in this matter. This is for your information and records please. We assure you of our full cooperation at all times.
17-12-2018
Bigul

FORTIS HEALTHCARE LTD. - 532843 - Updates on Open Offer

HSBC Securities and Capital Markets (India) Pvt Ltd, HDFC Bank Ltd, Citigroup Global Markets India Pvt Ltd and Deutsche Equities India Pvt Ltd ("Managers to the Open Offer") has submitted to BSE a copy of Announcement to the Equity Shareholders of Fortis Healthcare Ltd ("Target Company").
17-12-2018
Bigul

Unable to proceed with Fortis open offer for time being: IHH Healthcare

The open offer for an additional 26 per cent stake was earlier scheduled to commence on December 18
17-12-2018
Bigul

SC order won't impact stake sale as Singh brothers not part of firm: Fortis

Fortis further clarified the order does not impact the preferential allotment made to Northern TK Ventures by Fortis on Nov 13, in accordance with the applicable law
15-12-2018
Bigul

FORTIS HEALTHCARE LTD. - 532843 - Update On Clarification On News Item Appearing In 'Media/Publication'

Dear Sir(s), This is in continuation of our letter ref. no. FHL/SEC/2018-19 dated December 14, 2018. Kindly find attached herewith a Press Release issued by the Company, along with copy of the order passed by the Hon'ble Supreme Court, yesterday. We feel relevant to state, in this regard, that copy of the said order itself was made available to the Company only after the close of trading hours of the Stock Exchanges yesterday. We will keep the stock exchanges updated/informed regarding material development in this matter. This is for your information and records please. We assure you of our full cooperation at all times.
15-12-2018
Bigul

Announcement under Regulation 30 (LODR)-Newspaper Publication

Dear Sir(s), This is with reference to your mail dated December 14, 2018 i.e. today and the recent news item which appeared in Business Standard on December 14, 2018, captioned "Fortis Healthcare cracks 14% as SC puts sale to IHH on hold; recovers later' and on the Website-www.moneycontrol.com dated 14-Dec-2018, captioned "Supreme Court puts Fortis Healthcare sale to IHH on hold."...
14-12-2018
Bigul

Clarification sought from Fortis Healthcare Ltd

The Exchange has sought clarification from Fortis Healthcare Ltd on December 14, 2018, with reference to news appeared in www.business-standard.com dated December 14, 2018 quoting, "Fortis Healthcare cracks 14% as SC puts sale to IHH on hold; recovers later."The reply is awaited.
14-12-2018
Bigul

Fortis shares crash 14% after supreme court suspends sale to Malaysia's IHH

The suspension of the sale process will further hit Fortis and its shareholders as IHH will likely step away from infusing liquidity into cash-strapped Fortis.
14-12-2018

IHH Healthcare moves to allay CCI's concerns on Fortis deal

No commercially sensitive information' related to pricing or day-to-day operations will be disclosed to directors, IHH said.
12-12-2018
Bigul

Updates on Open Offer

HSBC Securities and Capital Markets (India) Pvt Ltd, HDFC Bank Ltd, Citigroup Global Markets India Pvt Ltd and Deutsche Equities India Pvt Ltd ("Managers to the Open Offer") has submitted to BSE a copy of Letter of Offer to the Equity Shareholders of Fortis Healthcare Ltd ("Target Company").
11-12-2018
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