Fortis Healthcare has received its shareholders' approval for an increase in the shareholding limit for registered foreign institutional investors (FIIs) from 24% up to an aggregate limit of 74% of the paid up equity share capital of the company. The company had sought approval from the shareholders through a special resolution to increase the FII limit through a postal ballot.
Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning 9 countries.
