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SC restrains Singh brothers from diluting any stake in Fortis Healthcare

ANI  |  New Delhi [India] 

The Supreme on Thursday restrained brothers Malvinder Singh and Shivender Singh from diluting any stake in the

The apex said that the matter will be next heard on October 31.

According to reports, in April, the Japanese company had opposed the sale of an 80 per cent stake in the Religare Health Co. Ltd. to a group of investors led by private equity firm True North and submitted that Singh brothers had violated a prior order requiring them to take permission to part with tangential assets.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 31 2017. 14:57 IST