Update on Investment in Orbit Health Care ETH PLC by Orbit Healthcare Services (Mauritius) Limited, a wholly owned subsidiary of the Company.
AGARWALEYE · price
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Dr. Agarwal's Health Care Limited's Mauritius-based wholly owned subsidiary, Orbit Healthcare Services (Mauritius) Limited, has completed an investment of USD 2,00,000 (2 lakh USD) for share subscription in a newly incorporated entity called Orbit Health Care ETH PLC in Ethiopia. With this investment, Orbit Health Care ETH PLC has become a wholly owned subsidiary of the Mauritius entity, making it an indirect/step-down wholly owned subsidiary of Dr. Agarwal's Health Care Limited. This follows an earlier disclosure from February 2026 regarding the proposed incorporation of this subsidiary.
The investment is relatively small (USD 2 lakh) and represents an early-stage international expansion into Ethiopia. It will be treated as a step-down subsidiary and is unlikely to have any immediate material impact on the company's financials or stock price.