Relevant Disclosure is attached.
Awaiting price reaction for this filing.
Fortis Healthcare Limited has submitted a Security/Asset Cover certificate and a compliance certificate with covenants for its listed non-convertible debentures (NCDs) for the quarter ended March 31, 2025, as required under SEBI LODR Regulations 54 and 56(1)(d). The NCDs in question are 155,000 secured, senior, redeemable, listed debentures with a face value of Rs 1,00,000 each (totalling about Rs 155 crore), issued on a private placement basis. The debentures are secured by a first-ranking pledge of the company's shares in Agilus Diagnostics Limited, and the deed requires a security cover of at least 1.00 times the outstanding NCDs. Auditor BSR & Co. LLP has confirmed that the book values are accurately extracted from the audited accounts and that the security cover ratio exceeds 1.00 times the value of the NCDs and interest accrued, meaning the company is fully compliant with its debenture covenants.
This is a routine regulatory compliance filing and not a material event — it simply confirms Fortis Healthcare is meeting its debt covenants and maintaining adequate asset cover for its NCD holders. No direct impact on equity shareholders or stock price is expected.