Cian Healthcare Ltd — Important, 19-12-2025: Company Update
19-12-2025 | 04:11 pm
19-12-2025 | 04:11 pm
Cian Healthcare's resolution plan, led by Mr. Pradeep Kumar Jain, has been approved by the NCLT. Existing equity shares are extinguished; new shares will give promoters 95% ownership and the public 5%, with a mandate to increase public shareholding to 10% in 12 months and 25% in 3 years. The company remains listed. Funds totaling INR 37.30 Cr will be infused to address liabilities, including INR 2.20 Cr for CIRP costs and INR 32.66 Cr for secured financial creditors. New management targets financial stability, operational excellence, and market expansion in pharmaceuticals.
No comments yet. Be the first to comment!
