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Fortis Healthcare informs about outcome of committee meeting

19 Dec 2024 Evaluate
Pursuant to the provisions of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015 (SEBI Listing Regulations) and in continuation of intimation dated October 9, 2024, Fortis Healthcare has informed that the members of the Debenture Allotment Committee of Fortis Healthcare, through a resolution approved by circulation on December 19, 2024 at 11:10 AM has allotted 1,55,000 (One lac and fifty-five thousand) listed, senior, secured, rated, redeemable Non-Convertible Debenture each having a face value of INR 1,00,000 (Indian Rupees One lac) and an aggregate value of up to INR 1550,00,00,000 (Indian Rupees One Thousand Five Hundred and Fifty Crores only) (Debentures or NCDs) on a private placement basis to the eligible investors. Further, in continuation of our intimation dated October 9, 2024, the tenure of the NCDs is 5 (five) years from the date of allotment, i.e., December 19, 2024, and the date(s) of maturity of the NCDs are as follows: 15% of the issue size at second year anniversary i.e. December 19, 2026; 20% of the issue size at third year anniversary i.e. December 19, 2027; 32% of the issue size at fourth year anniversary i.e. December 19, 2028; and 33% of the issue size at the fifth year anniversary i.e. December 19, 2029.

The above information is a part of company’s filings submitted to BSE.

Fortis Healthcare Share Price

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