Acquisitions24 Jul 2025, 09:41 pm
Fortis Healthcare Completes Acquisition of Shrimann Superspecialty Hospital
AI Summary
Fortis Healthcare Ltd has announced the successful completion of the acquisition of the entire business operations of Shrimann Superspecialty Hospital by its wholly-owned subsidiary, Fortis Hospotel Limited. This development is in line with the earlier intimations made by the company on February 14, 2025, March 21, 2025, and May 28, 2025, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Transaction, which includes the hospital land and the adjacent land, was completed today at 09:14 PM (IST) under the terms and conditions specified in the relevant transaction documents.
Key Highlights
- Fortis Healthcare Ltd completes the acquisition of Shrimann Superspecialty Hospital
- The acquisition was carried out by Fortis Hospotel Limited, a wholly-owned subsidiary of Fortis Healthcare
- The Transaction included the hospital land and the adjacent land
- The completion of the Transaction is in line with the earlier intimations made by the company
- The Transaction was completed today at 09:14 PM (IST)