Dr Lal Pathlabs has informed that the Board of Directors of the Company's Wholly Owned Subsidiary viz. PathLabs Unifiers, in their meeting held on June, 13, 2019, approved signing a binding term sheet for acquisition of 70% equity stake in a New Company to be incorporated by Vinita Kothari and Sushila Dalal.
The above information is a part of company’s filings submitted to BSE.