UNIHEALTH CONSULTANCY LIMITED Unihealth Consultancy Limited informed that "UMC Hospitals Pvt Ltd', a subsidiary company of the Company, has been incorporated on May 22, 2024. Name of the target entity, details in brief such as size, turnover etc.: Name: UMC Hospitals Private Limited. Authorized Share Capital: INR 100 million divided into 10,000,000 equity shares of INR 10/- each.
Whether the acquisition would fall within related party transaction(s) and whether the promoter/promoter group, /group companies have any interest in the entity being acquired: Unihealth Consultancy Limited (`the Company'/"UCL"), Dr. Akshay M. Parmar and Dr. Anurag R. Shah are the promoters of UMC Hospitals Private Limited. If yes, nature of interest and details thereof and whether the same is done at "arms length": UCL, (80% holding) and Dr. Akshay M. Parmar (10% holding) and Dr. Anurag R. Shah (10% holding) in UMC Hospitals Private Limited. Industry to which the entity being acquired belongs: UMC Hospitals Private Limited has been incorporated to engage in Hospitals, Nursing Homes, etc.
