April 19 (Reuters) - Fortis Healthcare Ltd:
* HAS GOT IMPROVED BINDING OFFER FROM HERO/MUNJALS AND BURMANS TO INVEST DIRECTLY INTO CO
* SAYS MUNJALS AND BURMANS NOW PROPOSING TO INVEST 15 BILLION RUPEES DIRECTLY INTO CO ON CERTAIN TERMS
* SAYS UPFRONT INVESTMENT BY MUNJALS AND BURMANS INTO CO WILL BE 7.50 BILLION RUPEES
* INVESTMENT BY MUNJALS AND BURMANS TO BE MADE IMMEDIATELY ON ACCEPTANCE OF IMPROVED OFFER WITHOUT DUE DILIGENCE
* FOR INVESTMENTS, MUNJALS AND BURMANS GROUP SEEKS TWO BOARD SEATS AND RECOMMEND MORE INDEPENDENT DIRECTORS BE ADDED TO CO'S BOARD Source text - bit.ly/2vtMWMt Further company coverage:
