Corporate Announcement
Security Code : 532843    Company : FORTIS    
 
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  Exchange Disseminated Time     29/11/2016 13:09:14
Fortis Healthcare Ltd has informed BSE that the Company has issued USD 30 Million Foreign Currency Convertible Bonds due 2018 (FCCBs) through an Offering Circular listed on Singapore Stock Exchange in the year 2013. The maturity date/ last date of conversion of FCCBs is August 1, 2018.

The Company has received Conversion Notice from DB Trustees (Hong Kong) Limited (the trustees) that the investor Standard Chartered Private Equity (Mauritius) III Limited (SCPE) has requested for conversion of entire FCCBs into equity shares equivalent to 1,80,70,650 equity shares of Rs. 10 each @ Rs.99.09 per shares with a fixed rate of exchange on conversion of Rs 59.6875 = U.S.$1.00.
 

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