IHH Healthcare Berhad has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its open offers for Fortis Healthcare Limited and Fortis Malar Hospitals Limited, according to an announcement made on October 3, 2025. The approval allows IHH to move forward with acquiring additional shares in both companies, potentially increasing its stake.
Open Offer Approval Received
IHH Healthcare Berhad (“IHH”) announced on October 3, 2025, that it has received approval from the Securities and Exchange Board of India to proceed with its open offers for Fortis Healthcare Limited (“Fortis”) and Fortis Malar Hospitals Limited (“Malar”).
Details of the Transaction
The transaction includes the following key components:
Background of the Transaction
This announcement refers to earlier announcements, including one made on December 17, 2018, regarding the proposed transactions.
Source: BSE
