20 shares of HealthFore = 3 Shares of Oscar Investments
New name of merged entity : Healthcare Technologies Limited
Incorporated in 1978 Oscar Investments Limited is the promoters' holding company of the Religare / Fortis group of India's renowned entrepreneur brothers Malvinder Singh and Shivinder Singh ( ex Ranbaxy promoters ).
In another move , in order to Unlock Investor Value , group company Fortis Healthcare is demerging its diagnostic unit SRL Diagnostics in to a separate Company. Diagnostic Companies like Dr. Path Lab Thyrocare are commanding very good rates.
There is some sort of UNCONFIRMED Speculation in the market that the Demerged SRL Diagnostic may be ultimately merged with Healthcare Technologies ( Oscar Investments ) . PLEASE NOTE THIS IS PLAIN AND JUST SPECULATION SO PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THIS RUMOUR
Caution :The blog writer has personal/ family members' holdings in Oscar Investments ,so please make suitable "provisions " for likely over optimism .
( All comments / facts given in good faith. Please recheck all points before taking any investment decision. No responsibility with this blog / writer )