Fortis Healthcare Limited has informed the Exchange regarding a press release dated August 20, 2025, titled "Fortis Healthcare Signs O&M Agreement with Ekana Group for 550-Bed Greenfield Super Specialty Hospital in Lucknow".

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Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹963.45

prior close

₹965.00

announcement price

After-mkt

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.4%-1.4% vs market

Hospital peers, median of 18sector+0.4%-2.2% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Midcap 150 and 2.2 pts less than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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-4.2+2.7-6.9+3.4-7.6

UpDownMarket · Nifty Midcap 150Sector · Hospital peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Fortis Healthcare has signed an Operations & Management (O&M) agreement with Ekana Group to run a 550-bed greenfield super specialty hospital being built near Gomti Nagar, Lucknow. The facility will be developed by Ekana Group and operated by Fortis, positioned as a Centre of Excellence for tertiary care services. This will be Fortis's third major presence in Uttar Pradesh, joining its existing network hospitals in Noida and Greater Noida. Currently, Fortis operates 33 healthcare facilities with over 5,700 operational beds across 11 states.

Likely market impact

This expansion strengthens Fortis's footprint in Uttar Pradesh and adds 550 beds to its network without significant capital expenditure, as Ekana Group bears construction costs. Asset-light O&M deals typically boost revenue and brand presence, which should be viewed positively by shareholders.