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Fortis Healthcare to buy Shalimar Bagh hospital from own unit

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Press Trust of India New Delhi
Last Updated : Mar 25 2014 | 7:06 PM IST
Fortis Healthcare today said its board has approved to buy facility based in Shalimar Bagh in the city from its subsidiary.
The company's board, which met today, has approved "purchase of operations of Fortis Hospital, Shalimar Bagh by the company from its subsidiary, Fortis Hospitals Ltd on slump sale basis, as a going concern," Fortis Healthcare said in a filing to the BSE.
The board also approved the constitution of corporate social responsibility committee of the Board of Directors comprising of P S Joshi (Chairman), Malvinder Mohan Singh and Harpal Singh, it added.
Fortis Healthcare shares today closed at Rs 97.65 apiece on the BSE, down 0.10 per cent from the previous close.

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First Published: Mar 25 2014 | 7:06 PM IST

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