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Board of Fortis Healthcare approves scheme of arrangement

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Capital Market
Last Updated : Mar 28 2018 | 9:50 AM IST

At meeting held on 27 March 2018

The Board of Fortis Healthcare at its meeting held on 27 March 2018 has approved a Composite Scheme of Arrangement between the Company, Fortis Hospitals ('FHSL'), Fortis La Femme ('La Femme'), Manipal Health Enterprises ('MHEPL') and their respective shareholders and creditors under Sections 230-232 of the Companies Act, 2013 ('Act') and read with Sections 52 and 66 of the Act ('Scheme').

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First Published: Mar 28 2018 | 9:27 AM IST

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