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SEBI issues notice to Fortis Healthcare subsidiary over diversion of funds

SEBI issues notice to Fortis Healthcare subsidiary over diversion of funds April 16, 2021 Former promoters Singh brothers allegedly siphoned-off ₹500 crore Leading hospital chain Fortis Healthcare (FHL) disclosed on Friday that its subsidiary, Escorts Heart Institute and Research Center (EHIRCL), has received a notice for penalty proceedings from markets regulator SEBI in the matter involving diversion of funds. Under scanner FCL was under investigation for diverting more than ₹500 crore t...
Malvinder Singh Fortis Health Management Ventures Pte Ltd Heart Institute Research Center Fortis Healthcare Limited To Escorts Heart Institute

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