Ambit Corporate Finance Pvt Ltd ("Manager to the Offer") on behalf of International Hospital Ltd, Oscar Investments Ltd ("Acquirers"), Fortis Healthcare Ltd & Fortis Healthcare Holdings Ltd ("Person Acting in Concert" / "PACs") has issued this Corrigendum to the Public Announcement to the Equity Shareholders of Malar Hospitals Ltd ("Target Company"), which is in continuation of, and should be read in conjunction with, the Public Announcement ("PA") dated September 12, 2007.
The shareholders may please note the following:
In terms of regulation 18(1) of the SEBI Takeover Code, the draft Letter of Offer has been submitted to SEBI on September 26, 2007. The original schedule of activity as disclosed in the public Announcement is delayed and the revised schedule of activity will be announced on receipt of the observations from SEBI in terms of proviso to Regulation 18(2) of the SEBI takeover Code.
October 29, 2007
Fortis Healthcare Malar Hospitals Update
at 8:48 PM
Labels: Fortis Healthcare
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