FORTISNSEFortis Healthcare Limited· MiscellaneousMinimalNeutral
Announced Wed, 8 Apr · 18:31 IST

Fortis Healthcare Limited has informed the Exchange regarding 'Reporting of Debt Securities issued through private placement'.

FORTIS · price

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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹843.00
prior close
₹843.80
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AI summary

Fortis Healthcare has submitted a regulatory compliance filing to the NSE and BSE regarding their listed debt securities as of March 31, 2026. The company issued three debt instruments through private placement in December 2024, each with a 5-year tenure maturing on December 19, 2029. The total debt raised amounts to ₹1,550 crore (₹500 crore + ₹500 crore + ₹550 crore across three ISINs). The coupon rate is 7.7648% per annum for the first year, with annual resets thereafter based on SEBI's coupon reset process. This filing complies with SEBI Master Circular requirements for periodic reporting of debt securities.

Likely market impact

This is a routine regulatory disclosure with no immediate impact on the stock. The company has ₹1,550 crore in listed debt outstanding, maturing in 2029. Investors should note the annual coupon reset mechanism which could affect borrowing costs going forward.