Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
6808.50
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Apollo Hospitals issues Letter of Comfort to Axis Bank

Date: 26-12-2017

Apollo Hospitals Enterprise has issued a Letter of Comfort for an aggregate sum of Rs 122 crore to Axis Bank in connection with the sanction of credit facilities in favour of its subsidiary, Imperial Hospital and Research Centre, Bangalore, for re-financing existing higher cost credit facilities availed by the subsidiary company from its existing bankers.

Apollo Hospitals Enterprise owns and operates chain of multi-specialty hospitals. It offers the services in the area of cardiology, cardiothoracic, orthopedics and joint replacement, spine surgery, oncology, etc.