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Hospital
Acquisitions3 Oct 2025, 07:50 pm

SEBI Approves IHH's Request for Open Offer in Fortis Healthcare and Fortis Malar Hospitals

AI Summary

IHH Healthcare Berhad has received approval from the Securities and Exchange Board of India (SEBI) to proceed with an open offer in Fortis Healthcare Limited and Fortis Malar Hospitals Limited. This approval was granted on October 1, 2025, as per a letter from SEBI. The open offer for Fortis Healthcare is for up to 197,025,660 shares, representing 26.10% of the expanded voting share capital. The open offer for Fortis Malar Hospitals is for up to 4,894,308 shares, representing 26.11% of the voting share capital. This announcement follows IHH's earlier announcements dated from July 13, 2018, to May 20, 2025. IHH will make further announcements to Bursa Securities in accordance with the Main Market Listing Requirements of Bursa Securities as there are further material developments on this matter.

Key Highlights

  • SEBI approves IHH's request for open offer in Fortis Healthcare and Fortis Malar Hospitals
  • Open offer for Fortis Healthcare is for up to 197,025,660 shares, representing 26.10% of the expanded voting share capital
  • Open offer for Fortis Malar Hospitals is for up to 4,894,308 shares, representing 26.11% of the voting share capital
  • IHH has received approval from SEBI on October 1, 2025
  • IHH will make further announcements to Bursa Securities as there are further material developments
FORTISMLR
Hospital
Fortis Malar Hospitals Limited

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