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Fortis Healthcare: Tycoons Singh brothers resign, may have taken Rs 500 crores

IANS Friday, 09 February 2018 02:47:22 PM
Fortis Healthcare: Tycoons Singh brothers resign, may have taken Rs 500 crores

Mumbai : The promoters of Fortis Healthcare on Thursday resigned from the company's board.

According to a late night BSE filing on Thursday, promoters Malvinder Mohan Singh and Shivinder Mohan Singh have resigned.

The development happens days after the Delhi High Court upheld an international arbitral award of Rs 3,500 crore to Daiichi Sankyo against the former promoters of Ranbaxy Laboratories.

 

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