Joint Venture5 Sept 2025, 12:33 pm
Fortis Healthcare Executes Sub-Lease Agreement with R.R. Lifesciences for Hospital Land and Equipment
AI Summary
Fortis Healthcare Ltd has announced the execution of a tripartite agreement among Uttar Pradesh Industrial Development Authority (UPSIDA), R.R. Lifesciences Pvt Ltd and International Hospital Limited (IHL), its wholly owned subsidiary company. The agreement is in connection with the sub-lease of hospital land, building, and equipment situated at Gautam Buddha Nagar, Greater Noida, by R.R. Lifesciences Pvt Ltd to IHL. This disclosure is in continuation of the company's earlier intimation dated September 1, 2025, and is in accordance with Regulation 30 of the SEBI Listing Regulations and the SEBI Master Circular dated November 11, 2024.
Key Highlights
- Fortis Healthcare Ltd has executed a sub-lease agreement with R.R. Lifesciences Pvt Ltd for hospital land and equipment.
- The agreement involves the sub-lease of hospital land, building, and equipment situated at Gautam Buddha Nagar, Greater Noida.
- The agreement is between R.R. Lifesciences Pvt Ltd and International Hospital Limited (IHL), a wholly owned subsidiary of Fortis Healthcare Ltd.
- The disclosure is in accordance with Regulation 30 of the SEBI Listing Regulations and the SEBI Master Circular dated November 11, 2024.
- This disclosure is a follow-up to the company's earlier intimation dated September 1, 2025.