DOMS acquires 51.77% stake in Uniclan Healthcare

Quick Summary:

As part of the deal, DOMS acquired 71,16,080 equity shares for a total consideration of Rs 54.88 crore, with Rs 28.88 crore being a primary infusion.

Together, we look forward to setting new industry benchmarks and advancing our shared vision for the future," Vatsal Desai, Founder and Director of Uniclan Healthcare Private Limited, said.

This amount will be used by Uniclan for capacity expansion, debt repayment, and funding working capital requirements, as confirmed by the company.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Trisha Medhi

Category: StartupsEconomyBusiness

Markets: India

Topics: Policy Limited Baby Crore Equity Uniclan Acquired Doms Privacy Part Brand

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 10:07:26 (6 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 241 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22652547

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 6 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 19 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions