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Malaysia-based IHH Healthcare has announced plans to hike its stake in Fortis Healthcare to 51 per cent over the next three to five years and expand total capacity to around 10,000 beds by 2031. The statement follows the Supreme Court's decision on September 25, 2026, disposing of Fortis Healthcare's special leave petition (SLP) that challenged a Delhi High Court order requiring a forensic audit and certain observations made concerning the company. As per a BSE filing by Fortis Healthcare, an IHH statement said that it will "fully cooperate with the forensic audit" and expressed confidence that an independent review will objectively establish the facts surrounding its 2018 investment. Reaffirming its long-term commitment to the Indian market, IHH said it intends to deepen its footprint and ramp up investments. "Over the next three to five years, we plan to increase our stake in Fortis to 51 per cent, further integrate our Fortis and Gleneagles platforms, and expand our capacity to
Fortis Healthcare Ltd on Saturday said its arm Fortis Hospitals Ltd has received a demand notice of Rs 117.04 crore from the income tax authority. Fortis Hospitals Ltd is in receipt of an income tax order dated March 27, 2026, for AY 2024-25 and a demand of Rs 117.04 crore has been raised, it said in a regulatory filing. The company is evaluating all options, including filing an appeal and rectification application against the said order, it added.