Mars Medical Devices Ltd invests in Singapore arm

Shalby Limited's Wholly-owned Subsidiary Mars Medical Devices Limited (MMDL) has further subscribed 3,00,000 equity shares of SGD 1 each in Shalby Global Technologies Pte. Ltd., Singapore (SGTPL), and remitted funds for the same on March 16, 2023. SGTPL is a subsidiary of Mars Medical Devices Limited and a Step-down Subsidiary of the Company. With the aforesaid investment, shareholding of MMDL in SGTPL is now increased to 99.33% from earlier 99.16%.

Mars Medical Devices Limited (Wholly-owned subsidiary of the Company) has further subscribed 3,00,000 equity shares of SGD 1 each in Shalby Global Technologies Pte. Ltd., Singapore (SGTPL)

Current Shareholding of MMDL in SGPTL is now increased to 14,79,000 equity shares i.e. 99.33%.

Shares of Shalby Limited was last trading in BSE at Rs. 124.35 as compared to the previous close of Rs. 126.25. The total number of shares traded during the day was 1059 in over 86 trades.

The stock hit an intraday high of Rs. 126.75 and intraday low of 124.30. The net turnover during the day was Rs. 132402.00.

Source : Equity Bulls

Keywords

Shalby INE597J01018 HealthcareFacilities MarsMedicalDevices Investment ShalbyGlobalTechnologies