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Received Sebi approval to go ahead with Fortis open offer: IHH Healthcare
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Recommended StoriesThe same was shared on BSE by Fortis Healthcare.
However, in September 2022, IHH said that the Supreme Court, in a ruling, had paved the way for the open offer, subject to approval from Sebi.
The apex court’s order put on hold IHH’s open offer for an additional 26.1 per cent stake in Fortis.
The former promoters of Fortis Healthcare Ltd were facing a court battle after Daiichi had challenged the Fortis-IHH share deal to recover the arbitration award.
PTI MSS RKL BAL BALFirst Published: October 03, 2025, 21:45 ISTNews agency-feeds Received Sebi approval to go ahead with Fortis open offer: IHH HealthcareDisclaimer: Comments reflect users’ views, not News18’s.