Fortis investors approach Indian regulator over delay in IHH open offer

Fortis investors approach Indian regulator over delay in IHH open offer

Photo: Reuters

Some minority shareholders of Fortis Healthcare Ltd have appealed to the Securities and Exchange Board of India (Sebi) to issue directions to Malaysian firm IHH Healthcare Bhd to pay interest to shareholders for the delay in the open offer to buy an additional 26% stake in Fortis Healthcare.

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