For Quick Alerts
For Daily Alerts

Fortis Healthcare Appoints 3 New Directors


Three of the nominations made by a group of minority shareholders earlier this month were accepted by Fortis Healthcare's board for the positions of directors, the company said in a stock exchange release today.

Fortis Healthcare Appoints 3 New Directors

It will conduct an Extraordinary General Meeting (EGM) on May 22 as sought by the minority shareholders.

The new additional independent directors will be

  1. Suvalaxmi Chakraborty- co-founder of Espandere Advisors
  2. Rajiv Rajagopal- Chairman of JM Financial Services Singapore
  3. Indrajit Banerjee former president and CFO of Ranbaxy Laboratories

The minority shareholders of Fortis Healthcare that made these nominations are National Westminster Bank Plc, East Bridge Capital Master Fund Ltd, and East Bridge Capital Master Fund I Ltd.

The EGM will be held to consider the various resolutions proposed by these shareholders.

Read more about: fortis healthcare
Story first published: Saturday, April 28, 2018, 15:01 [IST]
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more