Subsidiary20 May 2026, 04:06 pm
Park Medi World: Step-Down Subsidiary, Healplus Medical, Incorporated
AI Summary
Park Medi World Ltd's subsidiary, Park Medicenters and Institutions Private Limited, has incorporated a wholly-owned subsidiary named Healplus Medical Services Private Limited on May 20, 2026. Healplus will focus on healthcare services, including retail and wholesale of pharmaceuticals, medicines, and healthcare products. The incorporation aims to diversify and expand Park Medi World's current business operations. Park Medicenters will infuse subscribed share capital in cash, with a cost of acquisition of ₹0.01 crore.
Key Highlights
- Park Medi World's subsidiary incorporates Healplus Medical Services as a step-down subsidiary.
- Healplus Medical will operate in healthcare services, focusing on pharmaceuticals and related products.
- The objective is to diversify and expand Park Medi World's current business operations.
- Park Medicenters will invest ₹0.01 crore in the step-down subsidiary.
- Healplus Medical Services was incorporated on May 20, 2026.
Price Impact
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