Clinitech Laboratory Ltd — Important, 19-12-2025: Company Update
19-12-2025 | 05:20 pm
19-12-2025 | 05:20 pm
Clinitech Laboratory Limited has incorporated a new subsidiary, Medicarenx Multispeciality Hospital Private Limited, following a recent board meeting. This new entity will operate in 'Hospital Activities', marking a strategic move for business expansion. Clinitech Laboratory holds a 60% stake in the subsidiary, which has an Authorized Share Capital of INR 0.50 Cr and a Subscribed Share Capital of INR 0.01 Cr. This step allows Clinitech to diversify its operations and tap into the hospital sector, potentially enhancing its overall business portfolio and growth prospects for shareholders.
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