Shalby’s wholly owned Subsidiary -- Mars Medical Devices (MMDL) has further subscribed 3,00,000 equity shares of Singapore Dollar 1 each in Shalby Global Technologies, Singapore (SGTPL), and remitted funds for the same on March 16, 2023. SGTPL is a subsidiary of Mars Medical Devices and a Step?down Subsidiary of the Company. With the aforesaid investment, shareholding of MMDL in SGTPL is now increased to 99.33% from earlier 99.16%.
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.
