Fortis Healthcare case: Singh brothers get 6-month jail; stock falls 5%
The Supreme Court has ordered a forensic audit of the stake sale in Fortis Healthcare to Malaysia-based IHH Healthcare, while extending its stay on IHH’s open offer.
fortis healthcare case
September 2022
April 2022
Fortis Healthcare case: Singh brothers, others fined ₹24 cr on fund siphoning charges
SEBI noted that funds to the tune of ₹397.12 crore were diverted from Fortis Hospitals for the benefit of RHC Holdings, and ultimately the Singh brothers.
