Fortis Healthcare has informed about the Board of Directors, at its meeting held on 27 March, 2017, subject to obtaining the requisite approvals of the shareholders and creditors of the Company, the jurisdictional National Company Law Tribunal (NCLT), and other approvals (regulatory or otherwise) as may be required, approved, a Composite Scheme of Arrangement between the Company, Fortis Hospitals (FHSL), Fortis La Femme (La Femme), Manipal Health Enterprises Private (MHEPL) and their respective shareholders and creditors under Sections 230-232 of the Companies Act, 2013 (Act) and read with Sections 52 and 66 of the Act (Scheme).
The above information is a part of company’s filings submitted to BSE.
