Fortis-Manipal deal: Meet Ranjan Pai, who is strong medicine for expansion
Bengaluru-based Pai is a self-made billionaire - net worth: $1.89 billion as on March 28, according to Forbes29-03-2018
29-03-2018
News Clarification
This is with reference to your mail dated March 28, 2018 and the recent news item which appeared in Economic Times, captioned "Maharashtra govt files cases against seven hospitals for reusing medical devices'. In this regard, we would like to submit that Fortis Hospital, Mulund, (one of the hospital units housed under Fortis Hospitals Limited which is a wholly owned subsidiary of Fortis Healthcare Limited) is in receipt of summons dated...29-03-2018
Fortis-Manipal deal fails to cheer investors as valuations disappoint
Fortis, operating 31 hospitals, being valued lower than Manipal with 14 hospitals, has not gone well with the Street28-03-2018
Clarification sought from Fortis Healthcare Ltd
The Exchange has sought clarification from Fortis Healthcare Ltd with respect to news article appearing on health.economictimes.indiatimes.com - March 28, 2018 titled "Maharashtra govt files cases against seven hospitals for reusing medical devices". The reply is awaited.28-03-2018
Ranbaxy & now Fortis Hospitals: It's curtains in healthcare for the Singh brothers
When Malvinder and Shivinder Singh of drugmaker Ranbaxy's promoter-family decided to exit the company about 10 years ago, there was a low rumble in healthcare circles that Fortis Hospitals28-03-2018
Fortis sells hospital business to Manipal, TPG Capital
Fortis Healthcare's deal to sell its hospital assets to the Manipal-TPG Capital combine will also include the sale of a 51% stake in SRL Diagnostics28-03-2018
Board Meeting-Outcome of Board Meeting
Dear Sir(s), This is to inform you that the Board of Directors, at its meeting held today, subject to obtaining the requisite approvals of the shareholders and creditors of the Company, the jurisdictional National Company Law Tribunal ('NCLT'), and other approvals (regulatory or otherwise) as may be required, approved, a Composite Scheme of Arrangement between the Company, Fortis Hospitals Limited ('FHSL'), Fortis La Femme Limited ('La Femme'),...27-03-2018
Clarifies on News item
With reference to news published in www.livemint.com dated March 27, 2018 quoting "Manipal, Fortis hospitals to meet this week to approve proposed merger", Fortis Healthcare Ltd has submitted to BSE a copy of Clarification is enclosed.27-03-2018
Clarification sought from Fortis Healthcare Ltd
The Exchange has sought clarification from Fortis Healthcare Ltd on March 27, 2018 with reference to news published in www.livemint.com dated March 27, 2018 quoting "Manipal, Fortis hospitals to meet this week to approve proposed merger".The reply is awaited.27-03-2018
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Fortis Healthcare Holdings Pvt Ltd26-03-2018