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Shalby’s arm increases stake in Singapore subsidiary company

08 Dec 2021 Evaluate

Shalby’s wholly-owned subsidiary -- Mars Medical Devices (MMDL) has further subscribed 2,09,000 equity shares of Singapore dollar 1 each in MMDL’s Subsidiary Shalby Global Technologies, Singapore (SGTPL), and remitted funds for the same on December 7, 2021.

SGTPL is a subsidiary of Mars Medical Devices and a Step-down Subsidiary of the Company. Shareholding of MMDL in SGTPL is now increased from 96% to 97.82%.

Shalby is a chain of Multi-specialty tertiary care hospitals based out of Ahmedabad. It has combined bed strength of more than 700 beds with its multispecialty hospitals across Gujarat and Goa.

Shalby Share Price

168.70 1.25 (0.75%)
08-May-2026 16:59 View Price Chart
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