Sahajanand Medical Technologies Subsidiary Invests in SNP Medical Corp

Sahajanand Medical Technologies Limited's wholly owned subsidiary, Sahajanand Medical Technologies Ireland Limited (SMT Ireland), has approved an investment in SNP Medical Corp., a US-based medical device startup. The investment aims to diversify the company's product portfolio within its existing business line. SMT Ireland currently holds a 14.15% stake in SNP Medical Corp. and will increase its shareholding to up to 17.19% upon completion of this acquisition. The acquisition cost is up to USD 7,80,000, with the price per share to be determined by valuation. SNP Medical Corp. reported a turnover of USD 3,00,000 in 2025. The transaction is considered at arm's length, although a promoter and non-executive director of Sahajanand Medical Technologies is also a director in SNP Medical Corp. The acquisition is tentatively expected to be completed by March 31, 2027.