MoneyWorks4Me

Narayana Hrudayalaya transfers 100% stake in subsidiary company

08 Jun 2018 Evaluate

Narayana Hrudayalaya (NHL) has transferred its 100% shareholding in one of its subsidiary Narayan Holdings (NHPL), Mauritius to its subsidiary Narayana Cayman Holdings (NCHL), Cayman. Due to strategic reasons, NHL and NCHL Board resolved to sell and purchase the stake held by NHL in NHPL, where NHL will be selling 100% stake to NCHL.

NHPL a Company incorporated in Mauritius is a wholly-owned subsidiay of NHL. Narayana Cayman Holdings (NCHL) is also a wholly owned subsidiary of NHL, incorporated in Cayman island in the year 2010.

Narayana Hrudayalaya is one of the leading private healthcare service providers in India, operating a chain of multispecialty, tertiary and primary healthcare facilities.

Peers