SBI Life Insurance increased its stake in Fortis Healthcare from 1.57% to 1.73%, acquiring 1,229,000 shares. The stake is valued at approximately ₹112.8 crore based on Fortis Healthcare's share price of ₹918.00.
A leading integrated healthcare service provider operating hospitals, diagnostic centers, and specialty day care facilities across India, Nepal, Dubai, and Sri Lanka. Fortis Health delivers comprehensive medical services through a network of healthcare facilities staffed with experienced medical professionals and supported by advanced technology. The company distinguishes itself through its multi-country presence and vertically integrated approach to healthcare delivery, serving patients across diverse markets and medical specialties.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.