Natco Pharma invests Rs 7.5 cr in Hyderabad's PACE Hospital
Natco Pharma today said it has invested Rs 7.5 crore to pick up 7.5 per cent stake in OMRV Hospitals.
"NATCO Pharma Ltd would like to announce that today it has executed definitive agreement and subscribed to 7.5 per cent of the paid-up equity share capital of OMRV Hospitals," it said in a BSE filing.
It added that the investment amount was Rs 7.50 crore for the transaction.
OMRV operates under brand name 'PACE Hospital', which is a super specialty hospital presently operating in Hyderabad, Telangana.
The hospital focuses on tertiary care services in the field of medical and surgical gastroenterology, hepatology, nephrology, urology, GI oncology and andrology.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.