IHH completes open offer for Fortis Healthcare, stake now 31.17 percent

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

FORTIS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.6%Reaction day

₹983.90

prior close

₹1004.10

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.8%-2.4% vs market

Hospital peers, median of 18sector+0.3%-1.9% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Midcap 150 and 1.9 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

Stock

-1.1

10m

-2.3

15m

-3.4

30m

-3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.8-2.4+0.3-1.9

Next day

-3.2+0.4-3.7+0.2-3.4

-4.7+0.5-5.2+0.1-4.8

-3.8+1.2-5.0+0.7-4.5

-5.7+0.5-6.2+0.1-5.8

-6.1+0.9-6.9+0.5-6.6

-6.2-0.3-5.9-0.3-5.9

15d

-8.9-0.4-8.4-3.1-5.7

-11.1-0.3-10.8-1.6-9.5

-9.2-1.2-8.0-6.5-2.7

-5.5+0.1-5.6-8.4+2.9

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

IHH Healthcare's subsidiary NTK has completed the mandatory open offer for Fortis Healthcare and Fortis Malar Hospitals on 10 November 2025. IHH acquired up to 197.03 million Fortis shares (26.10% of expanded capital) and up to 4.89 million Malar shares (26.11%). Post-completion, IHH indirect shareholding in Fortis stands at 31.17% and in Malar at 62.73%. Tendering shareholders have received full payment and settlement.

Likely market impact

Long-pending IHH open offer now closed. IHH strengthens control of Fortis; no further tendering window remains for shareholders.