Subsidiary12 Aug 2026, 08:50 pm
Arvaya Healthcare to Incorporate Wholly Owned Subsidiary in India
AI Summary
Arvaya Healthcare Ltd announced that its Board of Directors has approved the incorporation of a wholly-owned subsidiary in India. The new entity will operate in the insurance broking service sector. Further approvals from the Insurance Regulatory Development Authority of India (IRDA) will be sought for its business operations. The exact name of the entity and the consideration for share subscription are yet to be decided.
Key Highlights
- Arvaya Healthcare to establish a new wholly-owned subsidiary.
- The subsidiary will focus on insurance broking services.
- Regulatory approval from IRDA is required.
- The company will hold 100% shareholding in the new entity.
Price Impact
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