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 … Read more
Borosil Group has three listed entities – Borosil Renewables (BRL) – solar glass Borosil (BL) – consumer glassware Borosil Scientific (BSL) – scientific and laboratory glassware In FY 24, BRL reported Rs 1,386 cr of revenues, BL Rs 928 cr and BSL Rs 390 Cr – totalling Rs 2,700 cr revenues for the group. Promoter … Read more
Currently, about 2/3rd of Dr Lal’s revenues comes from North. The Eastern and Western regions contribute 15% each, whereas South contributed only 6% of Rs 2,227 cr revenues in FY24. In October 2021, it had acquired Suburban Diagnostics to expand into West. It was it’s first large sized acquisition. Now after more than 2 years, … Read more
The partnership will see the deployment of advanced imaging technologies made available by Medikabazaar and United Imaging across Krsnaa’s extensive network of diagnostic centers, primarily focusing on semi-urban and rural areas. (United Imaging is a global leader in high-performance imaging equipment. Medikabazaar is India’s largest B2B Healthcare procurement & supply-chain solutions provider) Plan is to establish … Read more
Easy Trip has announced the following two significant investments – 49% stake into Pflege Home Healthcare Center LLC (Pflege) Pflege is a home healthcare provider headquartered in Dubai. Pflege offers comprehensive care services across a wide range of segments, from doctor visits, Registered Nursing care at Home and physiotherapy to home-based medical equipment like ventilators … Read more
The QIP was announced last month at a price of Rs 1850-1880/ share (about 11% discount to the then market price). QIP will result in a 5.54% equity dilution Rs 1000 cr will be utlised in the following manner – Rs 500 cr for organic growth. Capex will be completed by FY26. the medtech industry … Read more
In continuation of it’s strategy to grow organically, Medi Assist’s TPA subsidiary (MATPL) has signed a definitive agreement to acquire Paramount Health Services & Insurance TPA (Paramount). Paramount is the 4th largest TPA by total revenues and 2nd largest TPA in Group segment by Premiums in India. The Company in FY24, had a market share … Read more