Corporate Announcement
Security Code : 532843    Company : FORTIS    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  24/08/2018 17:22:42         Exchange Disseminated Time   24/08/2018 17:22:45              Time Taken   00:00:03
Dear Sir(s),

In continuation to, inter alia, our letter ref. no. FHL/SEC/STEX/RR/2017-18 dated November 14, 2017 and February 13, 2018, wherein it was informed that the Company has entered into definitive agreement(s) 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 ('RHT') namely, International Hospital Limited and Fortis Health Management Limited (and consequentially Escorts Heart and Super Speciality Hospital Limited, Hospitalia Eastern Private Limited and Fortis Hospotel Limited) from the wholly-owned subsidiaries of RHT ('Proposed Transaction') on February 12, 2018, it is hereby informed that, the Board at its meeting held today, approved entering into an amendment agreement to Master Purchase Agreement in order to change/modify the terms of the definitive agreement, the principal terms of which are as follows:

 

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