LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

Fortis Arm Sells 15 Lakh Shares in RHT to Fortis Healthcare International Ltd

The acquisition of RHT units was completed on September 5, 2018, FHL said in a filing to BSE.

PTI

Updated:September 7, 2018, 3:09 PM IST
facebookTwittergoogleskypewhatsapp
Fortis Arm Sells 15 Lakh Shares in RHT to Fortis Healthcare International Ltd
Image for Representation. (Reuters)
Loading...
New Delhi: Fortis Healthcare on Friday, said that its step-down subsidiary RHT Health Trust Manager has sold 15 lakh shares in RHT Health Trust to Fortis Healthcare International Ltd (FHIL) for SGD 11,70,000.

FHIL is a wholly-owned subsidiary of Fortis Healthcare Ltd (FHL).

The acquisition of RHT units was completed on September 5, 2018, FHL said in a filing to BSE.

The object of the sale was to "keep the holding of FHIL in RHT above 25 per cent," it added.

There will not be any change in FHL's total interest in RHT, the company said.

RHT has a portfolio of 12 clinical establishments, and operating hospitals across India.

Shares of FHL were trading at Rs 146.50 per scrip on BSE, up 0.41 per cent from the previous close.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Jet Airways 285.30 5.78
Yes Bank 201.50 -3.29
Mindtree 867.85 3.17
Reliance 1,134.45 -0.13
Axis Bank 676.65 1.91
Company Price Change %Gain
Jet Airways 284.80 5.09
ICICI Bank 373.35 -0.47
Yes Bank 201.45 -3.31
Reliance 1,133.75 -0.03
SBI 297.35 -1.78
Top Gainers
Company Price Change %Gain
BPCL 355.20 2.29
GAIL 332.40 2.12
Axis Bank 676.65 1.91
HCL Tech 954.70 1.75
Bharti Infratel 280.45 1.67
Company Price Change %Gain
Axis Bank 676.30 1.91
HCL Tech 954.80 1.77
HDFC 2,004.25 1.51
TCS 1,895.10 1.34
Kotak Mahindra 1,220.10 1.24
Top Losers
Company Price Change %Gain
Sun Pharma 426.55 -6.00
Yes Bank 201.50 -3.29
Zee Entertain 440.90 -2.48
SBI 297.40 -1.90
Eicher Motors 20,369.95 -1.76
Company Price Change %Gain
Sun Pharma 427.15 -5.78
Yes Bank 201.45 -3.31
SBI 297.35 -1.78
Bajaj Finance 2,535.60 -1.45
HUL 1,750.10 -1.12

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results