
Deals5 Oct 2026, 06:50 pm
Deep Health AI Acquires Debt for ₹10.35 Cr
AI Summary
Deep Health AI India Ltd announced that its Board of Directors has approved the acquisition of debt by way of assignment from M/s. Kshitij Polyline Limited. The company will acquire debt owed by Sparion Infrastructure Private Limited, including related rights, benefits, claims, and underlying security, for an assignment consideration of ₹10,35,35,520/- (₹10.35 Crore). The acquisition is on an 'as is where is' and 'without recourse' basis. The transaction does not involve related parties and is not considered a related party transaction.
Key Highlights
- Board approved debt acquisition from Kshitij Polyline Limited.
- Acquisition consideration is ₹10,35,35,520/- (₹10.35 Crore).
- Debt is owed by Sparion Infrastructure Private Limited.
- Transaction is on an 'as is where is' and 'without recourse' basis.
- Not a related party transaction.
Price Impact
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