Apollo Hospitals family to form trust

Apollo Hospitals Group, India's one of the largest healthcare enterprises, is creating a trust as part of its plan to form a family constitution to ensure smooth succession of the management at a time when the promoter family is becoming larger.
 
A preamble of the constitution was signed by all the family members earlier this year, said a senior member of the family.
 
The lawyers are working on the documents related to forming a trust and other legal formalities.
 
The chairmanship is expected to go to the four daughters of the founder Prathap C Reddy and each