BSECompany Update12 Oct 2026 · 12 Oct 2026, 04:00 pm
The relevant disclosure is attached.
Fortis Healthcare Ltd · 532843
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Fortis Healthcare Ltd has announced that its wholly owned subsidiary, Fortis Hospotel Limited, will acquire 26% equity shares of Clean Max Sau Private Limited, a special purpose vehicle (SPV) set up for a captive solar power generation project in Haryana. The acquisition is valued at up to Rs. 1.85 crore and is expected to be completed within 3 months.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Fortis Healthcare Ltd - 532843 - To Invest In Special Purpose Vehicle (SPV) Under A Captive Solar Power Generation Project In The State Of Haryana
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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
October 12, 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- To Invest in Special Purpose Vehicle (SPV) under a captive solar power
generation project in the State of Haryana
Dear Sir/ Ma’am,
We would like to inform you that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, Fortis Hospotel Limited (wholly owned subsidiary of the company i.e.,
Fortis Healthcare Limited) has entered into an agreement to acquire 26% equity shares of SPV (‘Clean Max
Sau Private Limited’/‘target entity’) under a captive solar power generation project in the State of Haryana,
as per state regulatory norms
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 January 30, 2026 are as enclosed in Annexure A.
The date and time of occurrence of event is October 12, 2026 at 12:57 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
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 target entity, details in brief
such as size, turnover etc. Name - Clean Max Sau Private Limited (Target
Entity)
The Target Entity incorporated on June 2, 2026
under the Companies Act, 2013, having its
registered office at Office No. 1301, Manisha,
Corporate Park, Mulund West, Mumbai,
Maharashtra, India, 400080.
The SPV has been incorporated for development,
operation and maintenance of captive solar power
project(s) and allied activities for supplying
renewable energy to the Company.
Since the Target entity incorporated on June 2,
2026 so its Turnover details are not available
The SPV shall operate only in India.
2) Whether the acquisition would fall within No, this transaction is not a Related Party
related party transaction(s) and whether the Transaction
promoter/ promoter group/ group companies
have any interest in the entity being acquired?
If yes, nature of interest and details thereof
and whether the same is done at “arm’s
length”
3) Industry to which the entity being acquired Renewal Energy
belongs
4) Objects and impact of acquisition (including Fortis Hospotel Limited (wholly owned
but not limited to, disclosure of reasons for subsidiary of the Company) will acquire 26 %
acquisition of target entity, if its business is paid up capital of Clean Max Sau Private
outside the main line of business of the listed Limited.
entity)
This Target entity incorporated as SPV to
develop a solar power generation project in the
State of Haryana, for the captive power
consumption of the Fortis Hospotel Limited.
This will help in meeting Company’s green
energy needs and optimize energy cost.
FORTIS HEALTHCARE LIMITED
Regd. Office : Fortis Hospital, Sector 62, Phase – VIII, Mohali – 160062
Tel : 0172-4692222, Fax : 0172-5096221, CIN : L85110PB1996PLC045933
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
5) Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition
6) Indicative time period for completion of the Within 3 months of execution of this agreement.
acquisition
7) Consideration - whether cash consideration or Cash Consideration.
share swap or any other form and details of
the same
8) Cost of acquisition and/or the price at which The Company proposes to invest upto Rs. 1.85
the shares are acquired Crore for acquisition/subscription of 26% of
paid-up capital of the above SPV.
9) Percentage of shareholding / control acquired
and / or number of shares acquired
10) Brief background about the entity acquired in As mentioned under Sl. No-1
terms of products/line of business acquired
Date of incorporation, history of last 3 years
turnover, country in which the acquired entity
has presence and any other significant
information (in brief)
FORTIS HEALTHCARE LIMITED
Regd. Office : Fortis Hospital, Sector 62, Phase – VIII, Mohali – 160062
Tel : 0172-4692222, Fax : 0172-5096221, CIN : L85110PB1996PLC045933