Fortis Healthcare Limited has officially acquired ownership of the ‘Fortis’ trademark following a long-standing legal dispute. This acquisition was confirmed by the Delhi High Court on 25 March 2025 after a public auction process. The case, originally linked to an arbitration award in favour of Daiichi Sankyo Company Limited, resulted in the sale of the Fortis Marks to Fortis Healthcare for ₹200 crores.
The legal conflict began with an arbitral award issued in April 2016 by a Singapore tribunal, which ruled in favour of Daiichi Sankyo against multiple respondents, including RHC Holding Private Limited. As part of the decree enforcement, the Supreme Court of India ordered in September 2022 that assets linked to the erstwhile promoters, Malvinder and Shivinder Mohan Singh, be made available for auction under the Delhi High Court’s supervision.
On October 29, 2024, the Delhi High Court directed a public auction for the Fortis Marks to settle the decree against Daiichi Sankyo. The auction took place on December 21, 2024, where Fortis Healthcare emerged as the highest bidder with a ₹200 crore offer. Despite objections raised by RHC Healthcare regarding valuation and auction procedures, the Delhi High Court upheld the sale in its final judgment on March 25, 2025.
With the court’s confirmation, Fortis Healthcare now holds complete ownership of the Fortis Marks, along with all associated rights and liabilities. The company is free to register the trademark under its name in official records. The next step in the legal proceedings includes finalising the sale deed, scheduled for April 16, 2025.
Financially, the acquisition carries no additional penalties or compensatory obligations for Fortis Healthcare. The judgment secures the brand’s intellectual property, ensuring its exclusive use by the company.
As of April 03, 2025, at 9:30 AM, Fortis Healthcare share price was trading at ₹669.50, reflecting a surge of 1.04% from its previous closing price. Over the past month, it has surged by 6.42%.
The Delhi High Court’s ruling marks the end of a prolonged legal battle, granting Fortis Healthcare undisputed ownership of its trademark. This resolution reinforces the company’s brand identity and stability while concluding a significant chapter in its corporate history.
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Published on: Apr 3, 2025, 3:59 PM IST
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