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PVP Ventures LimitedBoard Meeting, 28-11-2024: Outcome of Board Meeting

28-11-2024 | 03:24 pm

The Board of Directors has announced a board meeting to approve the acquisition of a majority stake in Biohygea Global Private Limited, a healthcare venture in Chennai. The acquisition involves a cash consideration of ₹7 crore for 52% of the post-acquisition shares. This strategic move aims to enhance the company’s presence in the healthcare sector. The acquisition is expected to be completed within 120 days from the board's approval. Details regarding the target entity's activities and financial performance were also submitted for review.

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