Acquisitions10 Sept 2026, 01:22 pm
Medplus Health to acquire 0.01% stake in Optival Health Solutions
AI Summary
Medplus Health Services Limited announced that its Board of Directors has approved the acquisition of the remaining 0.01% stake in its material subsidiary, Optival Health Solutions Private Limited. This acquisition, for a cash consideration of Rs. 1.10 Crore, will make Optival Health Solutions a wholly owned subsidiary of Medplus Health Services. The transaction is subject to completion of requisite documentation and formalities.
Key Highlights
- Medplus Health to acquire 0.01% residual stake in Optival Health Solutions.
- Optival Health Solutions will become a wholly owned subsidiary post-acquisition.
- Acquisition cost is Rs. 1.10 Crore in cash consideration.
- The Board meeting also served as a general board meeting.
Price Impact
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