Medinova Diagnostic Services has received in principle approval to sell the Medinova - Bangalore unit but excluding the use of 'Medinova' brand name, subject to the due-diligence of Assets and liabilities of the centre.
The Company has received a proposal dated February 12, 2014 from a Bangalore based hospital for purchasing Medinova - Bangalore centre of the Company.
The company’s board of directors at its meeting held on February 14, 2014 has approved for same.
Medinova Diagnostic Services was established in the year 1985 as a pioneering concept in diagnostics. For the first time in the country it offered all the diagnostic services from an ordinary blood test to a sophisticated CT/MRI Scan under one roof. Medinova has four Centers at Hyderabad, Calcutta, Bangalore and Pune. In addition, it has several Franchise Centers offering similar services at various locations in the Country.
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