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Fortis investors move SEBI over delay in IHH open offer
short by Shruti Maria Mahendar / on Thursday, 23 May, 2019
Some minority shareholders of Fortis Healthcare have moved SEBI to direct Malaysia's IHH Healthcare to pay them interest for the delay in the open offer to buy additional 26% stake in Fortis Healthcare. The offer was to open for subscription from December 18, 2018, to January 1. However, IHH had to put the offer on hold following Supreme Court's order.
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