The company has announced infusing Rs 696 crore into a newly incorporated entity PB Healthcare Services Private Limited (PBHSPL).
- Along with the Company, promoters and other key managerial personnel will also be putting in money.
- The proposed investment is expected to be made in FY 25-26 and will be in the nature of equity or CCPS.
- The company intends to raise the balance capital from external investors.
- PBHSPL is a new entity formed in January 2025. Business is mentioned as Healthcare and allied services with no further details.
Proposed investment is subject to shareholders approval. However, as in most cases, that will come through.