Bigul

News digest: ATMs running dry, solar power projects, Fortis deal, and more

A batch of solar power projects with a total capacity of 7,670 megawatts is set to be put out to tender in the next two months where the benchmark tariff will vary according to location
18-04-2018
Bigul

Announcement under Regulation 30 (LODR)-Raising of Funds

It is herewith informed that Fortis Healthcare Limited ('the Company') today i.e. April 17, 2018 has received an unsolicited non-binding expression of interest from Fosun Health Holdings Limited, a wholly owned subsidiary of Fosun International Limited ('Fosun International'), a company listed on the Hong Kong Stock Exchange with a proposal of primary infusion at a price upto Rs. 156/share, subject to due diligence to be completed within three weeks,...
17-04-2018
Bigul

News Clarification

This is with reference to your mail dated April 17, 2018 and the recent news item which appeared in The Live Mint on April 16, 2018, captioned 'Fortis Healthcare raises Rs150 crore debt to stave off bankruptcy'. In this regard, we wish to confirm that the Company has availed a secured financing facility upto Rs. 160 crore from RattanIndia Finance Private Limited on March 29, 2018 for a tenor of three years for meeting its working Capital...
17-04-2018
Bigul

Clarification sought from Fortis Healthcare Ltd

The Exchange has sought clarification from Fortis Healthcare Ltd with respect to news article appearing on www.livemint.com - April 16, 2018 titled "Fortis Healthcare raises Rs150 crore debt to stave off bankruptcy"The reply is awaited.
17-04-2018
Bigul

Shareholding for the Period Ended March 31, 2018

Fortis Healthcare Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2018. For more details, kindly Click here
17-04-2018
Bigul

News Clarification

This is with reference to your mail dated April 16, 2018 and the recent news item which appeared in The Economic Times on April 16, 2018, captioned 'Malaysia''s IHH says Fortis board declines to engage on takeover offer' In this regard, we wish to inform you that the Board of Directors of the Company have not yet made a decision and are hereby informing you that the Board of Directors of FHL are proposing to meet on April 19, 2018 to consider all options....
16-04-2018
Bigul

Fortis Board to meet this week to determine future course of action

The company's statement comes hours after Malaysia's IHH Healthcare said Fortis has expressed inability to engage with it over its offer to acquire the Indian healthcare firm at up to Rs 160 per share
16-04-2018
Bigul

Notice Of Board Meeting Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 Board Meeting Is Scheduled To Be Held On Thursday April 19, 2018.

Dear Sir(s), Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that a meeting of the Board of Directors of the Company will be held on Thursday, April 19, 2018 to, inter-alia, consider and decide on various bids/proposals received by the company w.r.t. the ongoing fund raising, re-structuring, etc. and such related activities....
16-04-2018
Bigul

Clarification sought from Fortis Healthcare Ltd

The Exchange has sought clarification from Fortis Healthcare Ltd with respect to news article appearing on The Economic Times - April 16, 2018 titled "Malaysia's IHH says Fortis board declines to engage on takeover offer"The reply is awaited.
16-04-2018
Bigul

Malaysia's IHH offers more than Manipal for Fortis Healthcare

Fortis has also received an investment offer worth Rs 1,250 crore at Rs 156 per share from India's Hero Enterprise Investment Office and the Burman Family Office - private investment arm of the family that owns consumer goods firm Dabur India.
14-04-2018
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