Wednesday, December 10, 2025 | 04:56 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

The Fortis saga: All you wanted to know about the twists and turns

May 22 will seal the fate of company loyalist Brian Tempest and decide who gains control of the hospital and other businesses once owned by Malvinder and Shivinder

Fortis Hospital
premium

Gina Singh
Tomorrow, May 22, will see an extraordinary general meeting called by minority shareholders of Fortis Healthcare to seek the ouster of one board member, since three others -- Harpal Singh, father-in-law of Malvinder Mohan Singh, Sabina Vaisoha and Lt Gen Tejinder Singh Shergill -- have already resigned. Only Brian Tempest, a former Ranbaxy hand and known company loyalist, remains.  

It is difficult to disassociate the crumbling fortunes of the Singh brothers from the Hospital business they set up in 2002, though they are no longer part of the management and board and have less than one per cent share