Northern TK Venture Pte. Ltd. along with PACs makes cash offer of INR 17.60 per equity share plus interest of INR 18.36 for original shareholders to acquire up to 26.11% voting share capital of Fortis Malar Hospitals Limited.
Impact
High
Severity
High
Justification
Major corporate action involving takeover offer for 26.11% stake in Fortis Malar Hospitals by Northern TK Venture and PACs under SEBI SAST Regulations with significant cash consideration to public shareholders
Northern TK Venture Pte. Ltd. along with PACs (IHH Healthcare Berhad and Parkway Pantai Limited) makes open offer to acquire up to 26.11% equity shares of Fortis Malar Hospitals Limited at INR 17.60 per share plus applicable interest.
Impact
High
Severity
High
Justification
Major corporate action involving takeover of 26.11% stake in listed healthcare company. Significant for Fortis Malar shareholders as it triggers mandatory open offer under SEBI SAST Regulations with defined pricing and interest payment terms.
List of securities and quantities for demat auction settlement number 730 scheduled for October 8, 2025.
Impact
Medium
Severity
Medium
Justification
Routine demat auction involving multiple securities with specified quantities for settlement. Impacts specific shareholders who failed to deliver securities in previous transactions.