However, financial details of the transaction were not disclosed.
In a regulatory filing, Fortis Healthcare said 25,052,222 shares, representing a 6.18% stake in the company, were acquired "by way of encumbrances against loans/dues".
ECL Finance, along with Edelweiss Financial Advisors, Edelweiss Securities, Edelweiss Comtrade, Edel Finance Company, Edelweiss Stock Broking and Edelweiss Broking, acquired the 6.18% stake in Fortis Healthcare.
According to the filing, these entities do not belong to either the promoter or promoter group in Fortis Healthcare (India).
Fortis Healthcare operates a chain of hospitals and various healthcare centres, among other medical facilities, in India.
Shares of the company jumped by 3.8% to end the day at Rs 91 apiece on the Bombay Stock Exchange.
IT major Infosys today signed an MoU with the Madhya Pradesh government for investing Rs 600 crore in its proposed unit in Indore, which will ...