InvestorQ : Why has Fortis received a notice from SEBI regarding diversion of funds?
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Why has Fortis received a notice from SEBI regarding diversion of funds?

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3 weeks ago
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Escorts Heart Institute and Research Centre, which is a subsidiary of Fortis Hospitals, has received a notice from SEBI on the subject of the alleged diversion of funds from the company by its former promoters. Prior to coming under the Fortis banner, Escorts Health was owned by NTK Ventures Pte Ltd, a 100% subsidiary of IHH Healthcare Berhad. The company is yet to crystallize its response to the notice from SEBI.

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