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Shalby’s arm invests $6 million in preferred stock of Shalby Advanced Technologies

28 Apr 2023 Evaluate

Shalby’s wholly owned subsidiary -- Mars Medical Devices (MMDL) has invested $6 million in Preferred Stock of Shalby Advanced Technologies Inc., USA (SAT), a Wholly owned subsidiary of Mars Medical Devices and a Step?down Subsidiary of Shalby. The objective of acquisition is to manufacture, trade, import and export the Medical Devices/ equipment.

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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