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MedPlus Health Services Ltd. ( (IN:MEDPLUS) ) has shared an announcement.
Agilemed Investments Private Limited, a promoter entity of MedPlus Health Services Limited, has released a pledge on 4,171,970 equity shares of the company. The disclosure, made under Regulation 31 of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011, signals a reduction in encumbrances on promoter-held shares, which may be viewed positively by investors as it can indicate improved financial flexibility and a stronger governance position for the listed pharmacy chain.
More about MedPlus Health Services Ltd.
MedPlus Health Services Limited is an India-based healthcare and pharmacy retail company headquartered in Hyderabad, Telangana. It operates a network of pharmacies and related health services, serving consumers across multiple regions in India through its MedPlus-branded outlets and digital platforms.
Average Trading Volume: 21,595
Technical Sentiment Signal: Buy
Current Market Cap: 96.75B INR
See more data about MEDPLUS stock on TipRanks’ Stock Analysis page.