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Business Update1 April 2026 at 01:51 pm

Deep Health AI India Ltd. to Strike Off Wholly Owned Subsidiary Microcure Biotech Private Limited

AI Summary

Deep Health AI India Ltd. announced that its Board of Directors approved the filing of an application under Section 248(2) of the Companies Act, 2013 for striking off of Microcure Biotech Private Limited, a wholly owned subsidiary. The subsidiary is not carrying on any business operations and does not qualify as a material subsidiary. The decision will have no material impact on the operations or financial position of Deep Health AI India Limited.

Key Highlights

  • Deep Health AI India Ltd. to strike off wholly owned subsidiary Microcure Biotech Private Limited
  • Microcure Biotech Private Limited not carrying on any business operations and does not qualify as a material subsidiary
  • The decision will have no material impact on the operations or financial position of Deep Health AI India Limited
  • The subsidiary is being struck off under Section 248(2) of the Companies Act, 2013
  • The decision was approved in a Board Meeting held on April 01, 2026