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Narayana Hrudayalaya Announces Demerger to Enhance Healthcare Focus

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Narayana Hrudayalaya Announces Demerger to Enhance Healthcare Focus

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Narayana Hrudayalaya Ltd. ( (IN:NH) ) has issued an update.

Narayana Hrudayalaya Ltd. has approved a Scheme of Arrangement for the demerger of its Clinical Services undertaking from NH Integrated Care Private Limited to Narayana Hrudayalaya Limited. This strategic move is aimed at enhancing shareholder value by allowing NHIC to focus on its preventive healthcare business while optimizing patient care and resource efficiency through integrated operations within NHL. The demerger is subject to necessary statutory and regulatory approvals, including those from the National Company Law Tribunal and other relevant authorities.

More about Narayana Hrudayalaya Ltd.

Narayana Hrudayalaya Ltd. operates in the healthcare industry, primarily focusing on providing clinical services through multiple clinics. The company aims to offer accessible, preventive, and continuous integrated care, particularly in Bengaluru.

Average Trading Volume: 58,228

Technical Sentiment Signal: Strong Buy

Current Market Cap: 379.7B INR

Learn more about NH stock on TipRanks’ Stock Analysis page.

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