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.
