FORTIS

Its registered office was originally located at 25, Nehru Place, New Delhi 110 019, India. According to a Board resolution as of September 16, 2003, and then the registered office was being shifted to B- 9, Maharani Bagh, New Delhi 110 065, India. Soon after, according to the Board resolution as of February 10, 2006, then the registered office of the company was being shifted to Piccadily House, 275- 276, 4th Floor, Captain Gaur Marg, Srinivas Puri, New Delhi 110 065, India that is also the current Registered Office.

Some of the Milestones:

June 2001: The commissioning of Fortis Hospital, Mohali took place.
August 2003: The inauguration and commissioning of Fortis Hospital, Amritsar took place.
October 2003: It executed an agreement with Seth Jessa Ram as well as Bros Charitable Hospital Trust for both the operation and management of Jessa Ram Hospital, New Delhi.
August 200: Also, the commissioning of Fortis Hospital, Noida.
September 2005: It acquired 90% of the equity share capital of the Escorts Heart Institute and Research Centre Limited that resulted in the acquisition of EHSSIL, EHCL, EHSSHL, and EHRCL.
January 2006:
It signed an agreement with Sunrise Medicare Private Limited for the operation and management of Fortis La Femme, New Delhi, and also the acquisition of about 5% equity interest in Sunrise Medicare Private Limited, along with an option to acquire additional equity shares.
It signed an agreement with Khalil Public Welfare Trust for the operation and the maintenance of Khyber Medical Institute, Srinagar.
March 2006:
It acquired 99.99% of the paid-up equity share capital of International Hospital Limited that resulted in the acquisition of Fortis Hospital, Noida.
It acquired 100% of the paid-up equity share capital of the Oscar Bio-Tech Private Limited
2004: It inked a deal with Jessa Ram Hospital to take over the management of the hospital.
2005:
It rolled out the Golden Age Club.
It bought the Escorts Heart.
Its healthcare signed $33.33m pre-IPO deals.
It was being incorporated as of February 28, 1996, as Rancare Limited under the Companies Act.
Also, on June 20, 1996, its name was changed to the present one-Fortis Healthcare Limited. It also received the certificate of commencement of business as of July 1, 1996.
2006:
It bought a majority stake in Trehan`s Medicity.
Also, Fortis Healthcare signed a $33.33m pre-IPO deals.
2007:
It also joined hands with the US hearing aid maker Starkey for its audible range and is also looking to offer dental services at its Health stores soon too.
The Colgate-Palmolive India, which is the market leader in toothpaste in India, also declared the acquisition of 3 domestic companies in south India. It purchased 75% equity in Advanced Oral Care Products (in Goa), Professional Oral Care Products (in Goa) and SS Oral Hygiene Products (in Hyderabad).
It also acquired Hiranandani Hospital.
2009:
It completed the Wockhardt Hospital Acquisition.
It signed a $15 mn outsourcing deal with HCL.
Also, it issues rights in the ratio of 2:5.
2010:
About 25% stake in Parkway Holdings, which is Asia’s largest private healthcare provider.
Also, "Fortis Healthcare infuses USD 100 Million."
It also increased stake in Parkway.
The Government of Singapore Investment Corp (or GIC) joined hands with the Fortis at the strategic level.
It also entered into a pact with two hospitals in Dubai and Tanzania to set up specialized medical facilities.
It declared its foray into Speciality Medical Centres and focused on the management of diabetes, metabolic diseases, and endocrinology.
2011:
Also, a MoU was signed by Fortis Healthcare Ltd with the University of Utah to develop courses for the Emergency Medical Technicians.
Also, through its wholly-owned subsidiary, it entered into an agreement with Cauvery Hospital Limited, Mysore, in which Fortis would set up, operate, and even manage a Cardiac Centre in the hospital.
Its name was changed to Fortis Healthcare (India) Limited as of April 11, 2011.
It announced to buy an 86% stake in Super Religare Laboratories Ltd (or SRL).
It announced new hospitals in Hyderabad and Agra.
2012:
Also, "Fortis received INR 3700 Mn Equity infusion in SRL via IFC and NYLIM Jacob Ballas India."
It also raised about $510 mn via Singapore IPO.
Also, the company name was changed from Fortis Healthcare (India) Ltd. to Fortis Healthcare Ltd.
2013:
Also, "Fortis launched its Flagship Hospital, which is one of the first of its kind in Asia Bridges the gap for the expert talent, and trans-disciplinary, and quaternary care."
And, "Fortis to divest stake in Quality Healthcare to Bupa for US$ 355 million Intensifies Focus on the Healthcare Delivery in India."
2016:
It had a fully acquired Religare Health Trust Trustee Manager for USD 14.9 million (about INR 100 crore).
It also received the CCI nod for internal reorganization.
It was first in India to Monitor and Publish Clinical Outcomes for Cardiology.
It launched a National helpline for students and parents to help deal exam stress.
2017: It acquired Hiranandani Healthcare Private Limited, and Fortis Healthcare Holdings Private Limited and RHC Holding Private Limited.

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