Announced Thu, 25 Jun · 18:49 IST
RPSG Ventures buys Clarionix Healthcare, board approves composite scheme
RPSGVENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.1%1-day move
₹889.75
prior close
₹872.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.3-1.1-0.4-5.1-5.5-6.4-6.8-2.1+2.9+2.8———
Up moveDown movePending
AI summary
RPSG Ventures bought 100% of Clarionix Healthcare for INR 1 lakh, making it a wholly-owned subsidiary. Board also approved a composite scheme: Woodlands Multispeciality Hospital (revenue INR 250 Cr) to merge into RPSG Ventures, while its hospital business moves to Clarionix via slump sale for INR 400 crore. Share swap: 500 OCRPS per WMHL share, convertible to 5 equity shares.
Likely market impact
Restructures group by consolidating healthcare under listed entity, ring-fencing hospital business in WOS. Promoter stake may rise to 68.91% on OCRPS conversion.