Fortis Healthcare Approves Re-appointment of Dr. Ashutosh Raghuvanshi as MD and CEO
Fortis Healthcare Limited has approved the re-appointment of Dr. Ashutosh Raghuvanshi as Managing Director and Chief Executive Officer, citing his extensive expertise and critical role in steering the company's growth. The decision was made by the Board of Directors at its meeting held on July 8, 2026.Subject to shareholder approval, Dr. Raghuvanshi will continue in the capacity of Managing Director (designated as MD and CEO) for a further period of two years, effective from March 19, 2027. This reappointment extends his role beyond the expiration of his current term on March 18, 2027.
The Board meeting considered the matter following the realization that Dr. Raghuvanshi’s tenure was concluding and deemed his continued leadership essential for the company's trajectory.
Profile and Experience of Dr. Ashutosh Raghuvanshi
Dr. Ashutosh Raghuvanshi is a highly distinguished leader in the healthcare sector, bringing over 38 years of experience to Fortis Healthcare Limited. His profile includes:| Particulars | Details |
|---|---|
| Age | Approximately 64 years |
| Qualifications | MBBS and M.S. in General Surgery (Mahatma Gandhi Institute of Medical Sciences, Wardha); M.Ch. in Cardiac Surgery (Bombay Hospital Institute of Medical Sciences) |
| Current Role | Managing Director & Chief Executive Officer of Fortis Healthcare Limited |
| Prior Experience | Spent over 18 years with Narayana Health, a leading healthcare chain operating over 28 hospitals, serving in various leadership capacities including Vice Chairman, Managing Director, and Group Chief Executive Officer (MD & CEO). |
| Industry Engagement | Is closely engaged with industry bodies such as CII, FICCI, and NATHEALTH. He served as President of NATHEALTH from 2023 to 2024. |
The Board noted that Dr. Raghuvanshi is not related to any of the other Directors of the Company. Furthermore, he is not debarred from accessing capital markets or holding a director position in any company pursuant to an order by SEBI or any other relevant authority.
FORTIS Stock Price Movement
As of 2:42 PM, shares of Fortis Healthcare Limited are slipping by 3.21% in live trading, currently positioned at ₹940.75 as they shed over ₹31.15 today. The stock has seen a total volume trade of 1.61 million shares so far into the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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