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SEBI Directs Fortis To Continue Efforts To Recover Rs 403 Crore From Singh Brothers

Singh brothers and six entities have been directed not to dispose of any of their assets or divert funds without SEBIs permission.

PTI
Malvinder Mohan Singh, chairman of Religare Enterprises Ltd. (Photographer: Prashanth Vishwanathan/Bloomberg)

The Securities and Exchange Board of India directed Fortis Healthcare Ltd. and Fortis Hospitals Ltd. to continue efforts to recover more than Rs 403 crore from Shivinder Mohan Singh and Malvinder Mohan Singh as well as seven other entities.

Also Read: SEBI Directs Singh Brothers To Repay Rs 403 Crore To Fortis Healthcare 

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