Description |
ENTRY INTO AGREEMENTS FOR THE PROPOSED ACQUISITION BY GLENEAGLES DEVELOPMENT PTE LTD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF IHH, FROM MINORITY SHAREHOLDERS OF RAVINDRANATH GE MEDICAL ASSOCIATES PRIVATE LIMITED, AN INDIRECT SUBSIDIARY OF IHH, NAMELY, DR. RAVINDRANATH KANCHERLA AND HIS PERSONS CONNECTED OF THE ENTIRE EQUITY STAKE HELD BY DR. RAVI GROUP IN RGE, FOR A TOTAL CONSIDERATION OF APPROXIMATELY INR7,400 MILLION, AND OTHER ANCILLARY TRANSACTIONS |