Dr. Lal Path Labs Ltd. has informed the Exchange about General Updates - Update on Acquisition
LALPATHLAB · price
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Dr. Lal Path Labs has completed acquisition of 100% stake in Shahbazkers Diagnostic Centre Private Limited (SDCPL) on May 1, 2026. With this completion, SDCPL has become a Wholly Owned Subsidiary of the company. The acquisition was carried out as per the terms and conditions of the Share Purchase Agreement. The company had informed the exchange about this proposed acquisition on April 30, 2026, and has now confirmed its successful completion.
The acquisition strengthens Dr. Lal Path Labs' diagnostic network and service reach by adding SDCPL as a wholly owned subsidiary, potentially expanding revenue and market presence in the diagnostics segment.