Krishna Institute of Medical Sciences Ltd - 543308 - Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') it is hereby informed that Krishna Institute of Medical Sciences Limited ('Company'), has entered into a share purchase agreement ('SPA') and shareholders agreement ('SHA'), each dated 27.10.2021, with the existing promoter and certain other shareholders of Sarvejana Healthcare Private Limited (Sunshine Hospitals) ('Target Company') to acquire 51.07% of the equity share capital of the Target Company (as a combination of 18.52% stake through equity shares and the remainder through partly paid-up equity shares, which shall be fully paid up by April 2022 based on agreed schedule).27-10-2021
