Fortis Healthcare Ltd


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As of on the National Stock Exchange of India ∙ Minimum 15 minute delay


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Latest Developments


IHH Healthcare Says India Supreme Court Adjourned Hearing Regarding Fortis Deal To March 16

IHH Healthcare Says Fortis Open Offer & Malar Open Offer Will Not Proceed For Time Being

India Court Quashes Eviction Proceedings For Fortis Healthcare Unit EHIRCL


About Fortis Healthcare Ltd

Fortis Healthcare Limited is an integrated healthcare delivery service provider. The Company is engaged in establishing, maintaining, operating, running, managing or administering hospitals, medicare, healthcare, diagnostic, health aids and research centers. The Company operates through the Clinical Establishments Division and the Medical Services Division. The Clinical Establishments Division owns, maintains and operates clinical establishments (being fully air conditioned institutions established, and specifically customized and duly fitted with all fixtures, fittings, certain medical equipment and infrastructure required for running and operating the hospitals), as well as provides services under outpatient division and radio-diagnostic services. The Medical Services Division undertakes the business of running the hospital operations, including in-patient services and emergency services. The Company operates its healthcare delivery services in India, Dubai, Mauritius and Sri Lanka.


Healthcare Facilities

Contact Info

Tower A, Block - F

Unitech Business Park, South City 1

Sector - 41




Executive Leadership

Ashutosh Raghuvanshi

Chief Executive Officer, Managing Director

Vivek Kumar Goyal

Chief Financial Officer

Sumit Goel

Interim Company Secretary

Soon Teck Low

Additional Director

See Leng Tan

Additional Director

Key Stats

1.67 mean rating - 6 analysts
Revenue (MM, INR)
















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Latest News

Latest News

Malaysia's IHH Healthcare halts open offer for India's Fortis after court ruling

Malaysia's IHH Healthcare Bhd said on Monday its open offer to buy an additional 26 percent stake in India's Fortis Healthcare Ltd will not proceed as per the timeline following...

India's Fortis Healthcare plunges; report says top court puts sale on hold

Shares of India's Fortis Healthcare Ltd <FOHE.NS> posted its biggest intraday fall in over 8-1/2 months after a CNBC TV18 report said the country's top court put its sale to Malaysia's IHH Healthcare <IHHH.KL> on hold.

India's Fortis Healthcare posts quarterly loss

Indian hospital operator Fortis Healthcare Ltd, which is set to be acquired by Malaysia's IHH Healthcare Bhd, posted a quarterly loss due to impairment charges.

Indian regulator asks Fortis Healthcare to recover $55 million from founders, eight firms

India's capital markets regulator has asked Fortis Healthcare <FOHE.NS> to recover 4.03 billion rupees ($55 million) from its founder brothers and firms related to them, pending an investigation into loans made by the company.

Fortis Healthcare's Shivinder Singh sues brother, breaks business ties

Fortis Healthcare Ltd co-founder Shivinder Singh said on Tuesday he had filed a lawsuit against older brother Malvinder Singh, alleging "oppression and mismanagement" at their joint businesses.

UPDATE 1-India's cash-strapped Fortis Healthcare sees signs of improvement

* Sees Q4 occupancy rate over 70 pct (Adds details, background)

India's Fortis Healthcare posts Q1 loss

Indian hospital operator Fortis Healthcare Ltd, which recently agreed to be bought by Malaysia's IHH Healthcare Bhd, reported a quarterly loss on Tuesday.

India's Fortis accepts investment offer from IHH Healthcare

India's Fortis Healthcare Ltd said on Friday it accepted an investment offer from Malaysia's IHH Healthcare Bhd, capping a months-long bidding war for control of the firm that drew interest from domestic and international firms.

IHH Healthcare submits revised bid for Fortis Healthcare

Malaysia's IHH Healthcare Bhd <IHHH.KL> said on Tuesday it had submitted an enhanced binding offer for Indian hospital chain Fortis Healthcare Ltd <FOHE.NS>.

India's Fortis Healthcare extends deadline for latest bidding round

India's Fortis Healthcare on Thursday extended the date to submit binding bids for the cash-strapped hospital chain to July 3, the second time since it said it would start a...

India's Fortis Healthcare quarterly loss widens on impairment charges

Fortis Healthcare Ltd, which is embroiled in a takeover battle that has drawn international bidders, on Wednesday said loss for the March quarter ballooned to 9.32 billion rupees ($136.3 million) hurt by impairment charges.

India's Fortis Healthcare pulls out of amalgamation scheme with Fortis Malar, SRL

Fortis Healthcare Ltd on Wednesday withdrew the scheme of arrangement and amalgamation with its units Fortis Malar Hospitals Ltd and SRL Ltd, citing a delay in its completion.

UPDATE 1-India's Fortis Healthcare launches new bidding process

India's cash-strapped Fortis Healthcare Ltd laid out plans on Tuesday for a fresh bidding process, after it became the subject of a bidding war by suitors seeking to cash in on an expected boom in India's private healthcare market.

India's Fortis Healthcare starts fresh bidding process

Fortis Healthcare Ltd on Tuesday decided to initiate a fresh bidding process, after the board's previous choice of the investment offer in the bidding war did not appeal to shareholders.

Fortis Healthcare gets approval from Hero-Burman to re-open bidding

Fortis Healthcare Ltd <FOHE.NS> on Monday said the consortium of Hero Enterprise Investment Office and Burman Family Office, which won a five-way bidding war for the Indian firm, has permitted re-opening the bidding process, amid shareholder concerns over the board's choice...

India's Fortis Healthcare says consortium agrees to re-open bidding

Cash-strapped Fortis Healthcare Ltd said on Monday it had received a letter of consent from Hero Enterprise Investment Office and Burman family Office to re-open the bidding process, weeks after its board accepted the consortium's investment offer.

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)

India's Fortis investors oust fourth director

Investors in India's Fortis Healthcare Ltd <FOHE.NS> voted out a fourth director from the hospital operator's board, it said on Wednesday, expressing displeasure over the company's handling of offers of investment.

Three directors quit India's Fortis Healthcare board amid takeover battle

Three directors of India's Fortis Healthcare have quit ahead of a shareholder vote on Tuesday to decide their future, the company said, the latest twist in a prolonged takeover battle for the hospitals operator.

Manipal, TPG swoop in with sweetened bid for India's Fortis

India's Manipal Hospital and private equity firm TPG Capital Management [TPG.UL] on Monday sweetened their bid to buy Fortis Healthcare Ltd <FOHE.NS>, just days after the Fortis board said it favoured a rival offer to the dismay of many shareholders.

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