HSBC Securities and Capital Markets (India) Private Limited, HDFC Bank Limited, Citigroup Global Markets India Private Limited and Deutsche Equities India Private Limited ("Joint Managers ....
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Fortis Malar Hospitals Ltd has filed a post-offer advertisement for an open offer made by Northern TK Venture Pte. Ltd. (the Acquirer) together with IHH Healthcare Berhad and Parkway Pantai Limited (Persons Acting in Concert). The open offer was for up to 4,894,308 equity shares, representing 26.11% of the voting share capital, at a face value of INR 10 per share. The offer was made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 3(1), 4 and 5(1), with the Letter of Offer dated October 8, 2025 and the offer opening on October 17, 2025. HSBC Securities, HDFC Bank, Citigroup Global Markets, and Deutsche Equities acted as joint managers to the offer.
This is a procedural update confirming completion of the open offer process for retail shareholders. The post-offer advertisement signals the conclusion of the tendering period, meaning shareholders can no longer tender their shares under this offer.