Religare Finvest Ltd and three senior officials of Fortis Hospitals paid a total of over Rs 4.34 crore to markets regulator SEBI to settle a case related to the diversion of Fortis Healthcare's funds by its promoters and related entities. Those who have settled the proceedings are the independent directors of Fortis Hospitals — Aditya Vij, Sandeep Puri and Balinder Singh Dhillon. Puri was also the chief financial officer of FHL and Dhillon was its non-independent director. An investigation was initiated by SEBI in the matter of Fortis Healthcare Ltd (FHL) after an article published in February 2018 said its promoters have taken at least Rs 500 crore out of FHL and that its statutory auditor had refused to sign off on the company's second-quarter results until the funds were accounted for.