Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Lt. Gen. Tejinder Singh Shergill, Non-Executive Independent Director (DIN: 00940392) has tendered his resignation from the directorship of the Company w.e.f. May 20, 2018 due to personal reasons. You are requested to take the same on records. Not a done deal yet! IHH to wait longer for Fortis board to make up its mind
IHH Healthcare has proposed to invest Rs 650 crore into Fortis right away at Rs 175 per share.The company will put another Rs 3,350 crore at Rs 175 per share after a week's worth of due diligence. Regulation 30 Update - IHH Offer
This is in continuation to our letter(s) Ref. No. FHL/SEC/STEX/RR/2018-19 dated April 13, April 18, April 24, May 1 and May 9, 2018 whereby, it was informed that the Board of Directors of Fortis Healthcare Limited ('the Company') has received Revised Offer from IHH Healthcare Berhad ('IHH') with a proposal to invest in the Company. It is hereby informed that the Company today i.e. May 17, 2018, has received a letter from IHH for extension...
Fortis Healthcare takeover drama has few heroes
TheFortisboard is largely to blameforfailure to discharge its dutytowardsthe shareholders Fortis: hospital, business or both?
Shareholders need to go beyond just the financial aspects
Manipal further sweetens offer to acquire Fortis hospitals
Meanwhile, Sunil Munjal of Hero Enterprise and Anand Burman of Dabur are planning to do an open offer to facilitate the smooth exit of small investors from Fortis Healthcare Regulation 30 Update - TPG-Manipal'S New Offer
This is in continuation to our letter Ref. No. FHL/SEC/STEX/RR/2018-19 dated April 25, 2018 and May 6, 2018 whereby, it was informed that the Board of Directors of Fortis Healthcare Limited ('the Company') has received Revised Offer from Manipal and TPG with a proposal to invest in the Company. It is hereby informed that the Company today i.e. May 14, 2018, has received a New Offer, as attached herewith.... Time to set Fortis ship in order: Director, Dabur
What triggered our offer was the point when only the pledged shares were sold in the market. Fortis stake sale: If things drag, no one will get anything, says Munjal
Draw up a three-pronged strategy for Fortis; have not decided yet on sale of SRL Fortis stake sale: Five out of 8 directors vote in favour of Munjal-Burman duo
Decision will be placed before shareholders for their approval in 30 days