Narayana Hrudayalaya announces clinical services demerger
after close1 source ↓written by the desknot a recommendation
- its board
- 12 Dec 2023
- in Bengaluru
- 10 clinics
- at ₹1
- 0.8% lower
Narayana Hrudayalaya Ltd. plans to spin off its clinical services business through a demerger, as approved by its board on 12 Dec 2023. The new entity, NH Integrated Care Private Limited, will encompass 10 clinics in Bengaluru. Shares closed 0.8% lower at ₹1,870.35 on BSE, reflecting market reaction to the announcement.
Not investment advice. For informational purposes only.