Oscar Investments New Name Healthcare Technologies Post Merger of HealthFore Tech

HealthFore Technologies is merging with group Company, Oscar Investments


20 shares of HealthFore = 3 Shares of Oscar Investments

http://www.healthfore.com/news-media-releases/media-release-detail/HealthFore-Technologies-Ltd-to-merge-with-Oscar-Investments-Ltd.#.V6witNR95kh

New name of merged entity : Healthcare Technologies Limited


http://dev.vccircle.com/news/technology/2015/12/14/singh-brothers-merge-listed-health-tech-firm-investment-company

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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 ).

More 

http://www.rareindianshares.info/2010/09/oscar-investments-limited.html

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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. 

http://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/fortis-healthcare-to-vertically-demerge-srl-diagnostics/articleshow/52448037.cms

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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

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General Warning : Investment in shares can be injurious to your WEALTH.

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 )


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