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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.