Fortis Healthcare

Saturday, Apr 20, 2024 | Last Update : 06:32 AM IST

The stock lost 7.94 per cent to settle at Rs 143.70 on the BSE.

Fortis Healthcare shares down nearly 9 pc after Singh brothers held guilty

The stock shed 17.37 per cent to touch a low of Rs 129. On the NSE, it lost 17.4 per cent to Rs 129.

15 Nov 2019 7:12 PM

Fortis in August 2018 had applied for reclassification of these promoters.

Received approval from BSE, NSE for reclassification of promoters: Fortis

Shares of Fortis Healthcare closed at Rs 124.75 per scrip on BSE, down 0.40 per cent from its previous close.

04 Jun 2019 9:30 AM

Fortis Healthcare MD and CEO Ashutosh Raghuvanshi said: "Our operations are improving steadily, and we are on the path to recovery as the worst is behind us."

Fortis Healthcare posts Q4 net profit of Rs 151 cr

Consolidated revenue from operations increased to Rs 1,184.15 crore from Rs 1,086.38 crore in same quarter a year ago.

25 May 2019 2:42 PM

The case and the resultant delay in the open offer are taking up Fortis' management bandwidth.

Delay in offer: IHH says it 'understands concerns' of Fortis' minority shareholders

The delay is due to the stay imposed on the open offer by the Supreme Court of India in the contempt case filed by Daiichi Sankyo.

24 May 2019 3:23 PM

90 per cent respondents believed that films and television shows often make fun of people who do not conform to the standard norms and expectations.

Bodyshaming normal for 90 per cent women, finds study

The study further revealed that 84 per cent participants reported that women tend to experience more body shaming as compared to men.

05 Apr 2019 2:11 AM

Former promoters of Fortis Healthcare Ltd, Malvinder Singh and Shivinder Singh. (Photo: ANI)

Fortis Healthcare asks Sebi to order arrest of ex-promoters

Sebi coordinated Fortis’s ex-promoters and several promoter cos to pay secured inter-corporate loans that had gone out of Fortis.

25 Feb 2019 12:28 PM

Consolidated revenue from operations of the company stood at Rs 1,103.27 crore for the quarter as against Rs 1,120.65 crore for the same period year ago. (Photo: File)

Fortis posts Rs 180 cr loss for Oct-Dec quarter

The company had posted a net loss of Rs 19.10 crore for the corresponding period of the previous fiscal.

14 Feb 2019 2:00 PM

IHH said the mandatory open offer for acquiring up to 26 per cent stake from existing shareholders of Fortis would be completed in due course.

IHH assumes control of Fortis, board approves Rs 4,000 cr preferential allotment

The board also approved the appointment of four IHH nominees on Fortis board.

14 Nov 2018 10:48 AM

Tycoon brothers Shivinder Singh and Malvinder Singh and eight firms related to them should jointly pay the sum with due interest to Fortis within three months. (Photo: ANI)

SEBI asks Fortis Healthcare to recover USD 55 mn from founders, 8 firms

SEBI will carry out a detailed investigation to protect the interests of Fortis Healthcare shareholders.

18 Oct 2018 11:16 AM

The NCLT on Friday allowed former Fortis Healthcare promoter Shivinder Mohan Singh to withdraw his petition against elder brother Malvinder Mohan Singh and ex-Religare chief Sunil Godhwani. (Photo: ANI)

NCLT allows Shivinder to withdraw plea against elder brother Malvinder

A two-member bench of NCLT headed by its Chairman Justice M M Kumar on Friday allowed Shivinder to withdraw his plea.

14 Sep 2018 2:24 PM

Former Fortis Healthcare promoter Shivinder Mohan Singh on Thursday said he has applied to withdraw the petition filed in NCLT against elder brother Malvinder and ex-Religare chief Sunil Godhwani. (Photo: ANI)

Shivinder to withdraw petition in NCLT against elder brother Malvinder

"I have applied to withdraw the petition before the NCLT, that is coming up for hearing," says Shivinder Mohan Singh.

13 Sep 2018 2:59 PM

The object of the sale was to keep the holding of FHIL in RHT above 25 per cent.

Fortis arm sells 15 lakh shares in RHT to FHIL

RHT has a portfolio of 12 clinical establishments, and operating hospitals across India.

07 Sep 2018 2:52 PM

Ranbaxy Laboratories promoter Malvinder Singh.

Delhi HC raps Malvinder, asks for deposit of 3.5 million Singapore dollars

Malvinder Singh who is the midst of a family feud, was on Wednesday rapped by the Delhi High court for disobedience.

06 Sep 2018 10:51 AM

Promoters of Fortis Healthcare, Malvinder Singh and Shivinder Singh. (Photo credit: fortishealthcare.com)

Another ‘ugly chapter of family feud’: Shivinder moves NCLT against Malvinder

Shivinder said actions of his brother led to a systemic undermining of the interests of firms.

05 Sep 2018 9:02 AM

Fortis Healthcare has said it will appoint an external agency to undertake scrutiny of its internal controls and compliances after an investigation found systemic lapses in funds allegedly taken out of it by erstwhile promoters Singh brothers.

To appoint external agency to scrutinise internal controls: Fortis Healthcare

In July, Malaysia's IHH Healthcare had won the race to take control of Fortis with plans to immediately invest Rs 4,000 crore.

04 Sep 2018 5:28 PM

Former promoters of Fortis Healthcare and Religare Malvinder Singh and Shivinder Singh on Friday blamed former Religare Enterprises Chairman and Managing Director Sunil Godhwani for the group's troubles. (Photo: ANI)

Singh Brothers blame Sunil Godhwani for Fortis Group's woes

Godhwani had stepped down as the chairman and MD in July 29, 2016.

24 Aug 2018 2:45 PM

The shareholders of Fortis Healthcare have by an overwhelming majority of 99.69 per cent voted in favour of issuance of equity shares on a preferential allotment basis.

Fortis shareholders give nod for stake sale to IHH

IHH Healthcare is expected to shell out a total of Rs 7,300 crore to acquire 57.1 per cent stake.

15 Aug 2018 9:36 AM

Fortis Healthcare on Thursday said extra ordinary general meeting (EGM) of the company will be held on August 13 to seek shareholders nod for its acquisition by Malaysia's IHH Healthcare.

Fortis EGM on Aug 13 to seek shareholders nod for stake sale to IHH

IHH Healthcare is expected to shell out a total of Rs 7,300 crore to acquire 57.1 per cent stake.

19 Jul 2018 6:31 PM

IHH healthcare wins race to acquire Fortis

Commenting on the development, Fortis Healthcare chairman Ravi Rajagopal said the IHH proposal offered a more strategically and financially.

14 Jul 2018 6:15 AM

Cash-strapped Fortis Healthcare, which is in the process of finding a new investor, on Wednesday said its board will meet on July 13 to consider raising funds through issue of securities on a preferential allotment basis.

Fortis board to meet on Friday to consider fund raising

It, however, did not disclose details of the quantum of funds to be raised.

11 Jul 2018 3:15 PM

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