Fortis Healthcare Limited — Important, 07-02-2025: Updates

Fortis Healthcare Limited reported that it has complied with the financial covenants under the Debenture Trust Deed for the quarter ending December 31, 2024. Notably, the Net External Debt to EBITDA ratio should not exceed 4x; however, this covenant is tested annually based on audited financial statements. Since the quarter in question is not a calculation date, testing was not required at this time. The company's management continues to ensure adherence to these covenants, which are critical for maintaining its financial health. Investors should keep a close watch on the upcoming annual assessments, as these could significantly impact Fortis's leverage and stability moving forward.