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Sebi issues notice to Fortis subsidiary in funds diversion case


Sebi issues notice to Fortis subsidiary in funds diversion case
Fortis Healthcare confirmed that this notice was received on Friday
The Securities and Exchange Board of India (Sebi) has issued a notice to Escorts Heart Institute and Research Center Ltd a Fortis Healthcare subsidiary in a case arising from the allegations of fund diversion by the erstwhile promoters.
“Sebi has issued a notice under Rule 4 of Sebi (Procedure for holding inquiry and imposing penalties) Rules, 1995 read with Section 15-I of Sebi Act, 1992 in the matter of Fortis Healthcare Ltd to, among others, Escorts Heart Institute and Research Center Ltd (EHIRCL),” Fortis Healthcare said in a regulatory filing on Friday. Fortis Healthcare added that this notice was received on Friday. ....

Fortis Healthcare Ltd , Exchange Board Of India Sebi , Ventures Pte Ltd , Heart Institute , Research Center Ltd , Exchange Board , Escorts Heart Institute , Fortis Healthcare , Sebi Act , Pte Ltd , கோட்டை சுகாதாரம் லிமிடெட் , பரிமாற்றம் பலகை ஆஃப் இந்தியா செபி , முயற்சிகள் ட் லிமிடெட் , இதயம் நிறுவனம் , ஆராய்ச்சி மையம் லிமிடெட் , பரிமாற்றம் பலகை , எஸ்கார்ட்ஸ் இதயம் நிறுவனம் , கோட்டை சுகாதாரம் , செபி நாடகம் , ட் லிமிடெட் ,

Fortis Escorts Heart Institute receives Sebi notice in funds diversion case


Fortis Healthcare on Friday said its subsidiary, Escorts Heart Institute and Research Center Ltd, has received a notice from capital markets regulator SEBI in the matter related to the alleged diversion of funds from the company by its erstwhile promoters.
SEBI has issued a notice under Rule 4 of SEBI (Procedure for holding inquiry and imposing penalties) Rules, 1995 read with Section 15-I of Securities and Exchange Board of India Act, 1992 in the matter of Fortis Healthcare Limited to, among others, Escorts Heart Institute and Research Center Limited (EHIRCL), Fortis Healthcare said in a regulatory filing.
Fortis Healthcare on Friday said its subsidiary, EHIRCL, received the notice on April 15, 2021. ....

Research Center Limited , Ventures Pte Ltd , Heart Institute , Research Center Ltd , Exchange Board Of India , Fortis Healthcare , Escorts Heart Institute , Exchange Board , India Act , Fortis Healthcare Limited , Pte Ltd , முயற்சிகள் ட் லிமிடெட் , இதயம் நிறுவனம் , ஆராய்ச்சி மையம் லிமிடெட் , பரிமாற்றம் பலகை ஆஃப் இந்தியா , கோட்டை சுகாதாரம் , எஸ்கார்ட்ஸ் இதயம் நிறுவனம் , பரிமாற்றம் பலகை , இந்தியா நாடகம் , கோட்டை சுகாதாரம் வரையறுக்கப்பட்டவை , ட் லிமிடெட் ,