Monday, February 12, 2018

Fortis under Sebi scanner

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Fortis Healthcare is under Sebi scanner for regulatory lapses in transfer of funds to some promoter-linked companies.
Fortis Healthcare was issued notices by the stock exchanges last week following a media report claiming that the company's promoters, the Singh bothers, took about Rs 500 crore at out of the publicly-traded hospital company they control without board approval about a year ago.

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