NSEArrangements for strategic, technical, manufacturing, or marketing tie up2d ago · 16 Sept 2026, 07:23 pm

Arrangements for strategic, technical, manufacturing, or marketing tie up

Fortis Healthcare Limited · FORTIS

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Fortis Healthcare Limited has signed definitive agreements with Seth Sunder Lal Jain Charitable Eye Hospital to provide healthcare services to a 400+ bedded super specialty hospital in Ashok Vihar, New Delhi. The hospital is expected to commence operations in 3-4 years.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Fortis Healthcare Limited has informed the Exchange about Signing of Definitive Agreements by Fortis Hospotel Limited (wholly owned subsidiary of the Company) to provide Healthcare Services to a 400+ bedded Super Specialty Hospital in Ashok Vihar, New Delhi

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Fortis Healthcare Limited Tower-A, Unitech Business Park, Block-F, South City 1, Sector – 41, Gurgaon, Haryana – 122 001 (India) Tel : 0124 492 1033 Fax : 0124 492 1041 Emergency : 105010 Email : secretarial@fortishealthcare.com Website : www.fortishealthcare.com September 16, 2026 FHL/SEC/2026-27 The National Stock Exchange of India Ltd. BSE Limited Scrip Symbol: FORTIS Scrip Code:532843 Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Intimation for Signing the Definitive Agreements by Fortis Hospotel Limited (wholly owned subsidiary of the Company) to provide Healthcare Services to a 400+ bedded Super Specialty Hospital in Ashok Vihar, New Delhi Dear Sir / Ma’am, We would like to inform you that Fortis Hospotel Limited (wholly owned subsidiary of the Company) has entered into definitive agreements with Seth Sunder Lal Jain Charitable Eye Hospital (“SLJ Society”) inter alia for the purposes of providing healthcare and medical services to the SLJ Society as well as to facilitate SLJ Society to construct, upgrade and operate a hospital at Ashok Vihar, Delhi – 110052 (“Hospital”). A press release titled “Fortis Signs Definitive Agreements to provide Healthcare Services to a 400+ bedded Super Specialty Hospital in Ashok Vihar, New Delhi” being issued by the Company is enclosed herewith. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD- POD2/I/3762/2026 dated July 11, 2023 (last updated on January 30, 2026) are as enclosed in Annexure The date and time of occurrence of event is September 16, 2026 at 12:55 PM (IST). This is for your information and record. Thanking you, Yours Sincerely, For Fortis Healthcare Limited Satyendra Chauhan Company Secretary & Compliance Officer M. No. – A14783 Encl.: as above FORTIS HEALTHCARE LIMITED Regd. Office : Fortis Hospital, Sector 62, Phase – VIII, Mohali – 160062 Tel : 0172-4692222, Fax : 0172-5096221, CIN : L85110PB1996PLC045933 Press Release September 16, 2026 Fortis Signs Definitive Agreements to provide Healthcare Services to a 400+ bedded Super Specialty Hospital in Ashok Vihar, New Delhi Gurugram, September 16, 2026: Fortis Healthcare Limited (“FHL” or “Fortis” or the “Company”), amongst India’s leading healthcare delivery companies, today announced signing of definitive agreements with Seth Sunder Lal Jain Charitable Eye Hospital, a society registered under the Societies Registration Act, 1860 (Punjab Amendment) (“Society” or “SLJ Society”) to provide healthcare services to a 400+ bedded super specialty hospital at Ashok Vihar, New Delhi. The hospital is expected to commence operations in 3-4 years, subject to necessary approvals. The agreements have been executed by FHL’s wholly-owned subsidiary, Fortis Hospotel Limited (“FHTL”). Under the Healthcare Services Agreement (“HSA”), FHTL has long term exclusive rights to provide specified inpatient healthcare services and specialized equipment such as Cath Lab, LINAC, PET-CT, Surgical Robot, etc. in consideration of an agreed service fee to be paid by SLJ Society. FHTL shall also bring-in necessary clinical manpower for provision of such healthcare services. The HSA has a committed term of 29 years, with an option to extend for further period on mutually agreed terms. The hospital will be owned, operated and managed by SLJ Society and Fortis will be providing the healthcare services to SLJ Society. The land, building and the associated civil and certain medical infrastructure will be owned and developed by the SLJ Society itself. For the purposes of construction, upgradation and operation of the Hospital, FHTL will also provide a loan to the Society in a phased manner over the next 3-4 years basis construction progress. The hospital will be developed by SLJ Society as a state-of-the-art facility on ~3.1 acres of land in Ashok Vihar, North-West Delhi. With a planned capacity of 400+ beds, which will be operationalized in phases, the hospital will be strategically located in one of Delhi’s key populous districts with a dense catchment in surrounding areas as well. The hospital will offer comprehensive and high-quality tertiary, and quaternary healthcare services across key specialties, such as Oncology, Neurosciences, Cardiac Sciences, Gastroenterology, Orthopaedics, Renal Sciences, multi-specialty robotic surgeries and Transplants. It will also fulfil applicable regulatory and social obligations by providing free inpatient and outpatient treatment to eligible patients under the EWS (Economically Weaker Sections) category. Dr Ashutosh Raghuvanshi, MD & CEO of the Company, said, “the signing of the Healthcare Services Agreement with SLJ Society marks an important collaboration aimed at enhancing access to quality healthcare in North-West Delhi, an underserved micro-market characterised by a dense residential population. Under this arrangement, the hospital will be owned, operated and managed by SLJ Society, with Fortis providing healthcare services pursuant to the agreement. Press Release September 16, 2026 Pursuant to this, Fortis’ services would extend to more than 3,400 beds across the Delhi – NCR region going forward. We remain focused on leveraging our clinical expertise and healthcare capabilities through strategic collaborations to support improved patient outcomes and access to high-quality care.” About Fortis Healthcare Limited: Fortis Healthcare Limited is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. Currently, the company operates 36 healthcare facilities (including JVs and O&M facilities) across 12 states. The Company’s network comprises over 6,150 operational beds (including O&M beds) and ~400 diagnostics labs. DISCLAIMER This press release may contain forward-looking statements based on the currently held beliefs and assumptions of the management of the Company, which are expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Company results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this press release are cautioned not to place undue reliance on these forward-looking statements. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent development, information or events, or otherwise. The information contained herein is subject to change without notice and past performance is not indicative of future results. The Company may alter, modify or otherwise change in any manner the content of this press release, without obligation to notify any person of such revision or changes. For further details please contact: Anurag Kalra / Amit Mahendru Ajey Maharaj Investor Relations Corporate Communication +91-9810109253 / +91-9891094323 +91-9871798573 Fortis Healthcare Limited Fortis Healthcare Limited Fortis Healthcare Limited Tower-A, Unitech Business Park, Block-F, South City 1, Sector – 41, Gurgaon, Haryana – 122 001 (India) Tel : 0124 492 1033 Fax : 0124 492 1041 Emergency : 105010 Email : secretarial@fortishealthcare.com Website : www.fortishealthcare.com Annexure A Sr. Particulars Details 1) Name of the entity(ies) with whom Seth Sunder Lal Jain Charitable Eye Hospital, a agreement/ JV is signed society organized under the Society Registration Act, 1860 (Punjab Amendment) (“SLJ Society”) 2) Area of agreement/JV Healthcare services agreement (“Healthcare Services Agreement” or “HSA”), loan agreeme [Showing first 8,000 characters — download PDF for full document]