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FORTIS HEALTHCARE LIMITED
Regd. Office : Fortis Hospital, Sector 62, Phase – VIII, Mohali – 160062
Tel : 0172-5096001, Fax : 0172-5096221, CIN : L85110PB1996PLC045933
Fortis Healthcare Limited
Tower-A, Unitech Business Park, Block-F,
South City 1, Sector – 41, Gurgaon,
Haryana – 122 001 (India)
Tel : 0124 492 1033
Fax : 0124 492 1041
Emergency : 105010
Email : secretarial@fortishealthcare.com
Website : www.fortishealthcare.com
FHL/SEC/STEX/RR/2018-19 May 29, 2018 The National Stock Exchange of India Ltd. BSE Limited Corporate Communications Department Corporate Services Department, “Exchange Plaza”, 5th Floor, Bandra-Kurla Phiroze Jeejeebhoy Towers Dalal Complex, Bandra (East), Mumbai - 400051 Street, Mumbai – 400 001 Scrip Symbol: FORTIS Scrip Code:532843
Sub: Regulation 30 Update- EWS Order Dear Sir(s), In continuation to the letters Ref. No. FHL/SEC/STEX/RR/2018-19 dated June 10 and August 2, 2016,
whereby the Company had informed that one of subsidiary viz. Escort Heart Institute & Research
Centre Limited (EHIRCL) had received an order dated 9.6.2016 from Directorate General of Health
Services (DHS) for the recovery of Rs. 503, 36, 52, 824/- (Rupees Five Hundred & Three Crores, Thirty
Six Lac, Fifty- Two Thousand Eight Hundred and Twenty Four only) on account of unwarranted profit
allegedly made by it by not complying with the conditions of allotment letter/ lease deed pursuant to
the judgement dated March 22, 2007 of Hon’ble High Court of Delhi in WP(C) 2866 of 2002.
A writ petition was filed by EHIRCL before Hon’ble High Court of Delhi challenging the Order dated
9.6.2016. Subsequently, vide order dated 1-8-2016 Hon’ble High Court of Delhi set aside the demand
of Rs 503.36 crore and the matter was remanded to the Special Committee (constituted vide
Judgement dated March 22, 2017 of Hon’ble High Court of Delhi) for hearing.
EHIRCL has informed that the Office of the Special Committee vide order dated 28-5-2018 has directed
it to deposit an amount of Rs. 503, 36, 52, 824/- (Rupees Five Hundred & Three Crores, Thirty Six Lac,
Fifty- Two Thousand Eight Hundred and Twenty Four only) in the account of the Delhi Government in
favour of Director General of Health Services within a month of receiving this order.
EHIRCL is in the process of evaluating available legal recourse as may be advised in this regard.
This is for your information and records please.
Thanking you, Yours faithfully For Fortis Healthcare Limited Rahul Ranjan Company Secretary M. No. ACS 17035
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