Shalby’s wholly-owned subsidiary -- Mars Medical Devices (MMDL) has further subscribed 3,50,000 equity shares of Singapore dollar 1 each in MMDL's subsidiary -- Shalby Global Technologies, Singapore (SGTPL), and remitted funds for the same on March 24, 2022. SGTPL is a subsidiary of Mars Medical Devices and a step-down subsidiary of the company. Shareholding of MMDL in SGTPL is now increased to 98.76% from 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.
