Open offer recommenced for 26.10% of Fortis Healthcare

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

+0.7%Reaction day

₹1085.20

prior close

₹1087.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%+0.1% vs market

Hospital peers, median of 19sector+0.4%+0.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Midcap 150 and 0.3 pts more 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

+0.1

10m

-0.3

15m

+0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.7+0.1+0.4+0.3

Next day

+1.2+0.9+0.3+1.3-0.1

-3.3+0.7-4.1+0.7-4.0

-4.4+0.5-4.9+0.0-4.5

-3.0+1.3-4.3-0.3-2.7

-2.2+1.3-3.5-0.3-2.0

-4.0+1.7-5.7+0.4-4.3

15d

-10.8+2.8-13.6-3.1-7.7

-13.7+2.9-16.5-4.5-9.2

-15.8+2.5-18.3-6.6-9.2

-21.5-2.1-19.4-12.3-9.2

UpDownMarket · Nifty Midcap 150Sector · Hospital peers, median of 19Pending

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

AI summary

Northern TK Venture, together with IHH Healthcare Berhad and Parkway Pantai, recommenced an open offer for up to 197,025,660 Fortis Healthcare shares, equal to 26.10% of its expanded voting share capital. The offer price is INR 170 per share, with applicable interest of INR 53.80 per share payable only to original shareholders. A pre-offer advertisement was published on October 17, 2025.

Likely market impact

Shareholders may tender at INR 170, while eligible original shareholders also receive INR 53.80 interest, creating a possible near-term price reference.