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Fortis Healthcare Ltd (FOHE.NS)

FOHE.NS on National Stock Exchange of India

144.90INR
23 May 2018
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Rs-0.30 (-0.21%)
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Latest Key Developments (Source: Significant Developments)

Fortis Healthcare Says Got No Communication From Market Regulator On Any Insider Trading Probe Or Regulatory Lapses
Wednesday, 23 May 2018 

May 23 (Reuters) - Fortis Healthcare Ltd ::SAYS RECEIVED NO COMMUNICATION FROM MARKET REGULATOR ON ANY INSIDER TRADING PROBE OR REGULATORY LAPSES.  Full Article

Fortis Healthcare Says IHH Extends Acceptance Period For Enhanced Revised Offer To May 29
Thursday, 17 May 2018 

May 17 (Reuters) - Fortis Healthcare Ltd ::CO HAD EARLIER RECEIVED REVISED OFFER FROM IHH HEALTHCARE BERHAD WITH A PROPOSAL TO INVEST IN CO .CO RECEIVED A LETTER ON MAY 17 FROM IHH FOR EXTENSION OF THE ACCEPTANCE PERIOD FOR THE ENHANCED REVISED OFFER.IHH SAYS REMAIN STRONGLY COMMITTED TO PARTICIPATE IN FORTIS.IHH SAYS KEEN TO UNDERSTAND NEXT STEPS BOARD OF FORTIS IS CONSIDERING IN WAKE OF MODIFIED MANIPAL OFFER.IHH SAYS EXTENING THE ACCEPTANCE PERIOD OF ENCHANCED REVISED PROPOSAL TO MAY 29 FROM MAY 15.  Full Article

IHH Healthcare Extends Acceptance Period Of Enhanced Revised Proposal To Fortis Healthcare
Thursday, 17 May 2018 

May 17 (Reuters) - IHH Healthcare Bhd ::ISSUED EXTENSION LETTER TO FORTIS EXTENDING ACCEPTANCE PERIOD OF ENHANCED REVISED PROPOSAL UNTIL 29 MAY, AFTER WHICH IT SHALL LAPSE.  Full Article

Fortis Healthcare Board Decided To Recommend Offer Of Hero Enterprise Investment Office-Burman Family Office For An Upfront Equity Infusion Of Rs. 800 Crore
Thursday, 10 May 2018 

May 10 (Reuters) - Fortis Healthcare Ltd ::FORTIS HEALTHCARE - BOARD DECIDED TO RECOMMEND OFFER OF HERO ENTERPRISE INVESTMENT OFFICE-BURMAN FAMILY OFFICE FOR AN UPFRONT EQUITY INFUSION OF RS. 800 CRORE.FORTIS HEALTHCARE - APPOINTS SABINA VAISOHA AND ROHIT BHASIN AS INDEPENDENT DIRECTORS OF THE COMPANY FOR A PERIOD OF FIVE YEARS.  Full Article

Fortis Healthcare Says UBS Principal Capital Asia Ltd Cuts Stake In Co By 5.44 Pct
Monday, 7 May 2018 

May 7 (Reuters) - Fortis Healthcare Ltd ::UBS PRINCIPAL CAPITAL ASIA LTD CUTS STAKE IN CO BY 5.44 PERCENT.  Full Article

Fortis Healthcare Clarifies Singh Brothers Do Not Hold Any Stake In RHT Health Trust
Wednesday, 2 May 2018 

May 2 (Reuters) - Fortis Healthcare Ltd ::CLARIFIES ON NEWS ITEM ON 2 SUITORS FOR CO RAISING OFFERS.SAYS AS ON DATE MALVINDER AND SHIVINDER SINGH DO NOT HOLD ANY SHARE.DENY STATEMENT THAT MALVINDER MOHAN SINGH AND SHIVINDER MOHAN SINGH HOLD MAJORITY STAKE IN RHT HEALTH TRUST.  Full Article

India's Fortis Healthcare Gets Modified Investment Proposal From Munjals & Burmans
Tuesday, 1 May 2018 

May 1 (Reuters) - Fortis Healthcare Ltd ::GETS MODIFIED INVESTMENT PROPOSAL FROM MUNJAL'S OFFICE AND BURMAN'S OFFICE TO INVEST DIRECTLY INTO CO.REVISED BINDING OFFER TO INVEST 18 BILLION RUPEES DIRECTLY INTO CO.OFFER INCLUDES INVESTMENT WORTH 8 BILLION RUPEES VIA PREFERENTIAL ISSUE OF EQUITY SHARES.OFFER INCLUDES INVESTMENT OF 10 BILLION RUPEES VIA PREFERENTIAL ISSUE OF WARRANTS.ALLOTMENT & PRICING FOR THE PREFERENTIAL ISSUE OF SHARES AT 167 RUPEES PER SHARE.ALLOTMENT & PRICING FOR THE PREFERENTIAL ISSUE OF WARRANTS AT 176 RUPEES PER SHARE.PROPOSAL FROM MUNJAL'S OFFICE AND BURMAN'S OFFICE PROPOSES STRATEGIC SALE OF CO'S SRL BUSINESS.  Full Article

India's Fortis Healthcare Gets Enhanced Revised Proposal From IHH
Tuesday, 1 May 2018 

May 1 (Reuters) - Fortis Healthcare Ltd ::GOT AN ENHANCED REVISED PROPOSAL FROM IHH TO INVEST DIRECTLY INTO CO AT A PER SHARE PRICE OF 175 RUPEES.  Full Article

Fortis Healthcare Says Got Improved Offer From IHH To Invest Directly Into Co
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Fortis Healthcare Ltd ::SAYS HAS RECEIVED AN IMPROVED OFFER FROM IHH TO INVEST DIRECTLY INTO COMPANY.  Full Article

IHH Healthcare Issues Revised Proposal To Fortis Healthcare
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Ihh Healthcare Bhd ::REVISED PROPOSAL INCLUDES BINDING PROPOSAL WITHOUT ANY DUE DILIGENCE FOR IMMEDIATE INJECTION OF EQUITY OF 382.6 MILLION RGT INTO FORTIS.ISSUED A LETTER TO BOARD OF FORTIS SETTING OUT A REVISED PROPOSAL WHICH SUPERCEDES THE PROPOSAL..HAS NOT ENTERED INTO ANY DISCUSSIONS, NEGOTIATIONS OR TRANSACTIONS WITH FORTIS IN RELATION TO THE REVISED PROPOSAL.NON-BINDING PROPOSAL TO INFUSE UP TO 1.97 BILLION RGT THROUGH A SUBSEQUENT PREFERENTIAL ISSUE AND ALLOTMENT OF EQUITY SHARES.IN EVENT CO DOES NOT RECEIVE ANY RESPONSE FROM FORTIS BY NO LATER THAN 5PM IST ON 4 MAY, REVISED PROPOSAL SHALL STAND WITHDRAWN.  Full Article

UPDATE 1-India's Fortis investors vote out fourth director after divisive investment decision

* Appointment of three independent directors approved (Adds new independent directors, background)