QMS Medical Allied Services Limited — Important, 22-10-2024: Memorandum of Understanding/Agreements

QMS Medical Allied Services Limited has amended its Share Purchase Agreement (SPA) regarding the acquisition of a 51% stake in Saarathi Healthcare Private Limited. Key changes include modifications to the consideration and timelines for Tranches 2 and 3, with Tranche 2 closing set at INR 26.1 crore. The Memorandum of Understanding was signed to reflect these changes. These updates aim to refine the terms of the acquisition and ensure compliance with legal obligations.