Announced Fri, 10 Apr · 18:32 IST
Apollo Hospitals acquires additional stake in AHLL for Rs 18.69 cr
APOLLOHOSP · price
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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹7519.50
prior close
₹7420.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.2+0.8+0.7+1.3+0.6+2.5+1.9+2.9+3.4+3.1+6.9+12.9+16.9
Up moveDown movePending
AI summary
Apollo Hospitals has acquired an additional 775,744 equity shares of its subsidiary Apollo Health and Lifestyle Limited (AHLL) from existing individual shareholders at Rs 241 per share, for a total consideration of Rs 18.69 crores. This follows earlier acquisitions from IFC and IFC EAF Apollo Investment Company. The company's effective shareholding in AHLL has now increased to 99.42%.
Likely market impact
Consolidates ownership in subsidiary AHLL, taking Apollo Hospitals' effective stake to 99.42%; minor cash outflow of Rs 18.69 cr.