Subsidiary14 May 2026, 06:12 pm
Shalby Ltd: Step-down Subsidiary Ninegen Lifecare Struck Off
AI Summary
Shalby Ltd. announced that its step-down subsidiary, Ninegen Lifecare Pvt. Ltd., has been struck off from the Register of Companies by the Ministry of Corporate Affairs, effective May 12, 2026. This action means Ninegen Lifecare is no longer a subsidiary of PK Healthcare Pvt. Ltd and consequently, no longer a step-down subsidiary of Shalby Ltd. The company has confirmed that this strike-off will not have any material financial impact on its business, operations, or financials.
Key Highlights
- Ninegen Lifecare Pvt. Ltd. struck off effective May 12, 2026.
- Strike-off due to the company being non-operational.
- The strike-off does not have a material financial impact on Shalby Ltd.
- PK Healthcare Pvt. Ltd. was the parent company of Ninegen Lifecare.
Price Impact
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