Acquisitions25 Jun 2026, 07:00 pm
RPSG Ventures Approves Clarionix Acquisition & Scheme of Arrangement
AI Summary
RPSG Ventures Ltd announced on June 25, 2026, the board's approval for acquiring 100% equity shareholding in Clarionix Healthcare Private Limited, making it a wholly-owned subsidiary. The company also approved a composite scheme of arrangement involving the amalgamation of Woodlands Multispeciality Hospital Limited (WMHL) with RPSG Ventures and the transfer of the hospital undertaking from RPSG Ventures to Clarionix Healthcare on a slump sale basis. The acquisition of Clarionix was for a consideration of ₹1 lakh, with its main objects including establishing medical care facilities. The scheme is subject to regulatory approvals from NCLT, stock exchanges, SEBI, and shareholders.
Key Highlights
- RPSG Ventures acquired 100% of Clarionix Healthcare, making it a wholly-owned subsidiary.
- Board approved a scheme to amalgamate Woodlands Multispeciality Hospital with RPSG Ventures.
- Hospital undertaking to be transferred from RPSG Ventures to Clarionix on a slump sale basis.
- Acquisition of Clarionix cost ₹1 lakh; its business is in the medical sector.
- Scheme requires approvals from NCLT, stock exchanges, SEBI, and shareholders.
Price Impact
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