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Regulation 30 Update -Munjals And Burmans Modified Investment Proposal

 This is in continuation to our letter Ref. No. FHL/SEC/STEX/RR/2018-19 dated April 23, 2018 whereby, it was informed that the Board of Directors of Fortis Healthcare Limited ('the Company') has received a letter, extending the validity period of Improved Offer till May 4, 2018, and all other terms and conditions of the Improved Offer remain unchanged, from Munjal's Office and Burman's Office with a proposal to invest in the Company....
01-05-2018
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Regulation 30 Update - IHH'S Enhanced Revised Proposal

 This is in continuation to our letter Ref. No. FHL/SEC/STEX/RR/2018-19 dated April 24, 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 1, 2018, has received an Enhanced Revised Proposal, as attached herewith, from IHH to invest...
01-05-2018
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Fortis Healthcare bidding: Munjal-Burmans express surprise over deadline extension, want equal opportunity to all

 On Saturday, Fortis decided to extend the deadline for all binding bids from the interested buyers till May 10, 2018. In a filing to BSE, the board said that the two-member Expert Advisory Committee will only consider evaluating all binding bids received by the firm till 12:00 noon on May 1.
30-04-2018
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Fortis board to meet on May 10 to decide on binding bids

 The board has decided that the EAC will consist of two members - Deepak Kapoor and Lalit Bhasin
28-04-2018
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Clarification To The Outcome Of The Adjourned Board Meeting Dated April 27, 2018

 Dear Sir(s), This is to inform you that further to our stock exchange intimation dated April 28, 2018 w.r.t. the Outcome of the Adjourned Board Meeting dated April 27, 2018, FHL would hereby like to clarify the following: 1. In line with the obligations towards Manipal and TPG consortium, Manipal and TPG consortium will have the ability to provide a revised financial proposal till 12.00 Noon on May 06, 2018 in relation to all binding...
28-04-2018
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Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Submission Of Notice Of Extra Ordinary General Meeting (EGM)

 Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the notice for convening Extra Ordinary General Meeting of Fortis Healthcare Limited, scheduled to be held on Tuesday, May 22, 2018 at 10:00 A.M. at Air Force Auditorium, Subroto Park, Dhaula Kuan, New Delhi - 110010. This is for your kind information and records purposes.
28-04-2018
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Board Meeting-Outcome of Board Meeting

 This is to inform you that the Board of the Company, at its adjourned meeting held on April 27, 2018, decided the following unanimously: a. Approved the appointment of Ms. Suvalaxmi Chakraborty, Mr. Ravi Rajagopal and Mr. Indrajit Banerjee, who were recommended to be appointed as directors, by National Westminster Bank Plc as Trustee of Jupiter India Fund (as represented by Jupiter Asset Management Limited as duly authorized investment manager),...
28-04-2018
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What makes Fortis Healthcare a coveted acquisition target for its suitors

 From IHH Healthcare to Burmans, Manipal and Fosun, there have seen several serious players in race to acquire Fortis Healthcare. Business Standard explains how they could gain from acquiring Fortis
27-04-2018
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Board Meeting-Outcome of Board Meeting

 This is to inform you that owing to the resignation caused by Ms. Ramnath, member of the Expert Advisory Committee constituted, the bindings bids for the proposed transaction, could not be deliberated upon, at its meeting held yesterday. Accordingly, the Board of the Company, at its meeting held today, decided to adjourn the meeting to be re-convened to 27.04.2018....
26-04-2018
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Manipal revises offer for Fortis Healthcare ahead of key board meet

 Manipal-TPG have also proposed to buy Fortis Hospital's 5 per cent stake in its diagnostic arm, SRL Diagnostics
25-04-2018
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