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Fortis Healthcare’s arm hikes stake in LHPL to 79.43%

19 Mar 2016 Evaluate

Fortis Healthcare’s step down subsidiary company - Fortis Cancer Care (FCCL) has increased its shareholding in Lalitha Healthcare (LHPL) by acquiring 98,972 equity shares constituting 12.2% of total share capital of Rs 10 each. Post acquisition, the shareholding of FCCL in LHPL shall be 6,44,596 equity shares constituting 79.43% of Rs 10 each.

Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care speciality and hospitals, with a healthcare network spanning 9 countries.


Fortis Healthcare Share Price

889.75 15.45 (1.77%)
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