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| Exchange Received Time 15/02/2018 22:23:40 Exchange Disseminated Time 15/02/2018 22:23:42 Time Taken 00:00:02 | | This is in continuation to our letter(s) dated 11.08.17 and 31.08.17, whereby the Company had informed that, in the matter relating to M/s Daiichi Sankyo Company Limited v/s Oscar Investments Limited & Others, the Hon'ble Supreme Court of India had directed to maintain status quo with regards to the holding of Fortis Healthcare Holding Private Limited (FHHPL), a Promoter Group Entity, in the Company for both the encumbered and unencumbered shares. It is hereby informed that in the said matter the Hon'ble Supreme Court of India has today clarified that the direction to maintain status quo shall not apply to shares of the Company held by FHHPL as may have been encumbered on or before the interim orders dated August 11 and 31, 2017. Please find attached herewith the order passed by the Hon'ble Supreme Court of India dated today. This letter may kindly be read in conjunction with the compliance under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
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