PVP Ventures has successfully completed the acquisition of an additional 4,263 equity shares of 7 Med India. Pursuant to the aforesaid acquisition, the company’s shareholding in 7 Med India has increased to 41.23% of the total paid-up share capital of the target company.
This acquisition has been completed in accordance with the terms of the Share Purchase Agreement and the Shareholders’ Agreement executed between the parties, and forms part of the company’s strategic investment in the healthcare sector. The company remains committed to completing the balance acquisition in terms of the definitive agreements executed between the parties.
PVP Ventures is an India-based company, which is engaged in the business of developing urban infrastructure and investments in various ventures.
