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| Exchange Received Time 13/02/2018 14:12:38 Exchange Disseminated Time 13/02/2018 14:12:43 Time Taken 00:00:05 | Dear Sir(s),
This is in continuation to our letter Ref. No. FHL/SEC/STEX/RR/2017-18 dated November 14, 2017, wherein the Company had informed about entering into a term sheet in relation to the proposed acquisition by the Company and/or its subsidiaries of the equity and financial securities, in the relevant Indian entities under RHT Health Trust namely, International Hospital Limited and Fortis Health Management Limited from the wholly-owned subsidiaries of RHT ('Proposed Transaction'), and letters dated January 13, 2018 and January 16, 2018 for extending the exclusivity period under the Term Sheet for a further period of 31 (thirty-one) days from January 12, 2018.
It is hereby further informed that, the parties to the Term Sheet have entered into definitive agreement(s) with respect to the Proposed Transaction on February 12, 2018.
Copy of Press Release issued in this regard is attached.
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