ECL Finance and six other entities have acquired 25,052,222 shares, representing 6.18% stake in Fortis Healthcare (India). However, financial details of the transaction were not disclosed.
ECL Finance, along with Edelweiss Financial Advisors, Edelweiss Securities, Edelweiss Comtrade, Edel Finance Company, Edelweiss Stock Broking and Edelweiss Broking, acquired the 6.18% stake in Fortis Healthcare. These entities do not belong to either the promoter or promoter group in Fortis Healthcare (India).
Fortis Healthcare operates a chain of hospitals and various healthcare centres, among other medical facilities, in India.