Thyrocare Technologies has made an additional investment of $4,75,000 (equivalent to Rs 4.32 crore) in Thyrocare Laboratories (Tanzania) (Thyrocare Tanzania), subsidiary of the company by subscribing to Compulsorily Convertible Irredeemable Preference Shares (CCPS).
The total investment made by the Company till date (including this tranche of $4,75,000) amounts to $11,50,020 (equivalent to Rs 10.01 crore). The remaining capital infusion will be made by the company in one or more tranches, depending on Thyrocare Tanzania’s business requirements.
The capital infusion in Thyrocare Tanzania has been made to facilitate its business operations and working capital requirements. Thyrocare Tanzania's business is similar to the company’s main line of business viz. diagnostic and healthcare services.
Thyrocare Technologies is India's first and most advanced Totally Automated Laboratory having its strong presence in several cities / towns in India and internationally.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 7742.40 |
| Max Healthcare Inst | 1018.90 |
| Narayana Hrudayalay | 1814.00 |
| Aster DM Healthcare | 685.90 |
| Global Health | 1086.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: