Fortis Healthcare has informed that the Board of Directors of the Company, on September 28, 2015, approved the acceptance of ROFR Notice issued to the Company by Sabre Partners Trust, Spring Healthcare (P) Limited and Spring Healthcare India Trust, (Investors). Under the ROFR Notice, the Investors had offered to transfer their complete shareholding in SRL Limited (a subsidiary of the Company) to the Company. Pursuant to the above, the Company has agreed to purchase the cumulative shareholding of Investors consisting of approx. 24.88 Lac equity shares aggregating to 3.1% of the equity share capital of SRL Limited at INR 423 per equity share. Post completion of the said acquisition, the equity shareholding of the Company in SRL Limited, shall increase to 57% from the existing shareholding of 53.9%, on a fully diluted basis.
The above information is a part of company’s filings submitted to BSE.
