Corporate Announcement
Security Code : 532843    Company : FORTIS    
 
Regulation 30 Update - IHH'S Enhanced Revised ProposalDownload PDF Download XBRL
  Exchange Received Time  01/05/2018 11:03:52         Exchange Disseminated Time   01/05/2018 11:03:58              Time Taken   00:00:06
This is in continuation to our letter Ref. No. FHL/SEC/STEX/RR/2018-19 dated April 24, 2018 whereby, it was informed that the Board of Directors of Fortis Healthcare Limited ('the Company') has received Revised Offer from IHH Healthcare Berhad ('IHH') with a proposal to invest in the Company.

It is hereby informed that the Company today i.e. May 1, 2018, has received an Enhanced Revised Proposal, as attached herewith, from IHH to invest directly into the Company at a per share price of INR 175.

We will keep the stock exchanges updated/informed in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This is for your information and records please. We assure you of our full cooperation at all times.
 

Disclaimer

Back To Announcements