Shalby Ltd arm increases stake in Singapore arm

Shalby Ltd's Wholly-owned Subsidiary Mars Medical Devices Limited (MMDL) has further subscribed 2,09,000 equity shares of SGD 1 each in MMDL'S Subsidiary Shalby Global Technologies Pte. Ltd., Singapore (SGTPL), and remitted funds for the same on December 7, 2021. SGTPL is a subsidiary of Mars Medical Devices Limited and a Step-down Subsidiary of the Company. Shareholding of MMDL in SGTPL is now increased from 96% to 97.82%.

Shares of Shalby Limited was last trading in BSE at Rs. 138.80 as compared to the previous close of Rs. 137.70. The total number of shares traded during the day was 8022 in over 460 trades.

The stock hit an intraday high of Rs. 142.00 and intraday low of 137.75. The net turnover during the day was Rs. 1113212.00.

Source : Equity Bulls

Keywords

ShalbyLimited INE597J01018 HealthcareFacilities MarsMedicalDevices SingaporeArm