Fortis Healthcare Ltd (FORTIS) โ Announcement | 16 September 2026 (3 announcements)
Fortis Healthcare announced filing a Special Leave Petition with the Supreme Court challenging a Delhi High Court judgment from August 31, 2026 in a long-running dispute with Daiichi Sankyo. The petition targets specific applications related to termination claims and seeks to overturn the lower court's decision. This legal action stems from the 2018 termination of the joint venture agreement and subsequent arbitration proceedings that have persisted for years. The filing represents a critical step in Fortis's effort to resolve this complex corporate litigation that impacts its financial stability and reputation.
Fortis Healthcare announced that its wholly owned subsidiary Fortis Hospotel Limited signed definitive agreements with Seth Sunder Lal Jain Charitable Eye Hospital to operate a 400+ bed super specialty hospital in Ashok Vihar, New Delhi. The partnership grants Fortis exclusive long-term rights to provide inpatient and specialized services such as Cath Lab, LINAC, PET-CT, and robotic surgeries for a committed 29-year term with a 3-4 year construction phase. The hospital will be owned and managed by the SLJ Society, while Fortis will deliver healthcare services and potentially provide up to INR 567 crores in phased loans. This expands Fortis' network beyond 3,400 beds in Delhi-NCR and strengthens its presence in an underserved northwest Delhi market.
Fortis Healthcare announced that its wholly owned subsidiary Fortis Hospotel Limited signed definitive agreements with Seth Sunder Lal Jain Charitable Eye Hospital to provide healthcare services and develop a 400+ bed super specialty hospital in Ashok Vihar, New Delhi. The hospital will be owned and operated by the Society, while Fortis will deliver clinical services under a 29-year exclusive agreement and may provide up to INR 567 crores in phased loans. The partnership expands Fortis' presence in Delhi-NCR and supports its strategy of strategic collaborations to enhance access to quality care in underserved markets.
About Fortis Healthcare Ltd (FORTIS)
Healthcare ยท Healthcare ยท Listed on BSE
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๐ More FORTIS filings
- Announcement โ 29 September 2026Fortis Healthcare announced that IHH Healthcare's subsidiary NTK acquired a 31% stake in 2018 via a ...
- Announcement โ 27 September 2026Fortis Healthcare disclosed that the Supreme Court disposed of its Special Leave Petition challengin...
- ๐ด Announcement โ 25 September 2026Fortis Healthcare disclosed that its promoter shareholder Northern TK Venture Pte Ltd (NTK) filed an...
- Announcement โ 25 September 2026Fortis Healthcare announced that its trading window will close on October 1, 2026, and remain closed...
- ๐ด Announcement โ 15 September 2026Fortis Healthcare announced its upcoming investor meet schedule under SEBI Regulation 30, featuring ...
๐ฅ Also filed on 16 September 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only โ not investment advice.
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