What did the Indian court order regarding the Daiichi Sankyo–Fortis dispute, and what is the scope of the forensic audit?

The Indian court ordered the appointment of a forensic auditor to conduct a factual inquiry primarily into the dissipation of Fortis Healthcare's shareholding by its erstwhile promoters, and also directed an examination of the transaction related to IHH's acquisition of a controlling stake in Fortis via Northern TK Venture Pte (NTK). The court did not impose any penalty or fine on IHH or Fortis.

Why did IHH halt its open offer for an additional 26% stake in Fortis, and what legal action followed?

IHH halted its open offer to buy an additional 26% stake in Fortis after Daiichi Sankyo filed a contempt plea against the founders of Fortis; subsequently, NTK — IHH’s unit — filed a claim in October 2023 alleging that Daiichi Sankyo caused losses by preventing it from proceeding with the open offers initiated in 2018.

Indian Court Orders Forensic Audit in Daiichi Sankyo-Fortis Dispute, IHH Says

Aug 31, 2026

IHH Healthcare confirmed an Indian court ordered a forensic audit into shareholding dissipation in Fortis Healthcare following a dispute with Daiichi Sankyo. The inquiry examines the transaction where IHH acquired a controlling stake in Fortis.

reuters

2026-08-31

Indian Court Orders Forensic Audit in Daiichi Sankyo-Fortis Dispute, IHH Says

Indian Court Orders Forensic Audit in Daiichi Sankyo-Fortis Dispute, IHH Says

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