News | April 25, 2023
Ipca to acquire 33.4% stake in Unichem Labs for Rs 1,034 Cr
The business and product range of Ipca and that of Unichem complements each others business and product range
The business and product range of Ipca and that of Unichem complements each others business and product range
The acquisition would be by way of a share purchase agreement dated Dec. 26, 2022.
The news report stating Krsnaa Diagnostics has accepted Rs 100 crores of undisclosed income is incorrect and baseless.
For the six months ended September 30, 2021, Lyka had reported revenues of Rs 109.87 crore
The company operates four mid-sized hospitals with a total bed capacity of 556 in eastern India
Since its inception, the company has either acquired or taken a majority stake in five companies
Its store network grew from 144 stores in March 2019 to 236 stores. It has a presence in 23 cities across Maharashtra, Goa and Karnataka, employing more than 4,600 people.
The issue will consist of the issuance of fresh equity shares worth up to Rs 331.60 crore and an offer for sale (OFS) of Rs 500 crore by promoters and existing shareholders
Global Health operates a network of four hospitals under the Medanta brand in Gurugram, Indore, Ranchi and Lucknow. In addition, one hospital is under construction in Patna, and another is planned for development in Noida
The company said in a regulatory filing that it was confident of addressing the observations satisfactorily
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