Apollo Hospitals Enterprise reduces stake in Apollo Home Healthcare

AHHL is primarily engaged in nursing care, in home primary care, physiotherapy at home, sample collection, post-operative/post-surgical care

Apollo Home Healthcare Limited (AHHL), an unlisted subsidiary of Apollo Hospitals Enterprise Ltd has announced that it had allotted 70,73,518 equity shares of face value of Rs.10/- each at a price of Rs. 22/- per share (including premium of Rs.12/- per share) to the following shareholders:

- 13, 94,189 equity shares to Apollo Hospitals Enterprise Limited (Company),

- 56, 79,329 equity shares to Dr. Prathap C Reddy, Promoter of the Company.

AHHL is primarily engaged in nursing care, in home primary care, physiotherapy at home, sample collection, post-operative/post-surgical care.

Consequent to the above allotment, the paid-up equity share capital of AHHL stands changed to Rs.31, 55, 65,100 divided into 31556510 Equity Shares of Rs.10/- each. Further the company's shareholding in AHHL has been reduced to 74%, from the existing shareholding 89.69% and the individual promoters holding increased to 26%.