Currently, Sunil Kant Munjal, and Anand and Mohit Burman own about 3% in Fortis Healthcare. Ltd are battling for control of Fortis Healthcare Ltd’s hospital assets, two of Fortis’s investors have offered to infuse Rs1,250 crore into the hospital operator. The offer involves one seat on Fortis’ board following infusion of Rs500 crore and commensurate representation after the infusion of Rs750 crore. Currently, Munjal and Burmans own about 3% in Fortis, according to Munjal. In March, the Manipal-TPG combine had announced the signing of a definitive agreement with Fortis to acquire its hospital assets in a multi-step transaction.

Source: Mint April 12, 2018 23:23 UTC