Sat, Nov 25, 2023
The transaction encompasses the divestment of business operations from Fortis Malar Hospital, housed within the listed entity Fortis Malar Hospitals Ltd, where Fortis Healthcare holds a 62.7% equity stake.
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Fri, Jun 15, 2018
The company cited delays in the process as one of the reasons to withdraw the scheme. FHL said the entire process was expected to be completed in 6-8 months, however, due to reasons beyond its control, the process has taken over 19 months and is still not complete.
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![Fortis withdraws "arrangement and amalgamation" scheme](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2018/06/15/42021-fortis-reuters.jpg?itok=Ej7baWup&c=4bb0b0d5b69901b50b400881f658c1aa "Fortis withdraws "arrangement and amalgamation" scheme")
