Entero Healthcare Solutions has entered into a binding Memorandum of Understanding (MoU) for acquiring 100% stake in Radha Swami Medico House, proprietorship firm, through the Company or any one of its subsidiary company, subject to satisfactory completion of due diligences and execution definitive agreements and fulfilment of conditions therein, if any.
The business of Radha Swami Medico House is in line of the business of the company i.e. wholesale distribution of pharmaceutical and other allied products and the acquisition of business of Radha Swami Medico House by the company shall enable the company to generate additional business and revenue on consolidated basis. The acquisition shall be completed by January 31, 2025.
Entero Healthcare Solutions is a distributor of healthcare products in India. The company's technology-driven platform provides healthcare product distribution services to pharmacies, hospitals, and clinics throughout India.
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