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Fortis Healthcare Approves Key Resolutions and Strategic Acquisition

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Fortis Healthcare Approves Key Resolutions and Strategic Acquisition

Fortis Healthcare Ltd. ( (IN:FORTIS) ) has shared an announcement.

Fortis Healthcare Limited announced the approval of several key resolutions through a postal ballot, including the appointment of Mr. Leo Puri as an Independent & Non-Executive Director and the recommendation of remuneration to the Chairman until 2027. Additionally, the company plans to acquire Shrimann Hospital in Jalandhar City through its subsidiary, Fortis Hospotel Limited, which will also raise debt to finance this acquisition and support future growth. These strategic moves are expected to strengthen Fortis Healthcare’s market position and expand its operational capabilities.

More about Fortis Healthcare Ltd.

Fortis Healthcare Limited operates in the healthcare industry, providing a range of medical services and facilities. The company focuses on delivering high-quality healthcare solutions and has a presence in various regions, emphasizing its commitment to expanding its healthcare services.

YTD Price Performance: -13.80%

Average Trading Volume: 42,115

Current Market Cap: 464.4B INR

For an in-depth examination of FORTIS stock, go to TipRanks’ Stock Analysis page.

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