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Porinju Veliyath picks up stake in this smallcap hospital chain, stock jumps 11%

Kochi based investor Porinju Veliyath's Equity Intelligence India bought 6,10,000 equity shares of Shalby at a price of Rs 117 apiece on Tuesday, according to the bulk data from NSE.

Ahmedabad , Gujarat , India , Porinju-veliyath , Indian-bank , National-stock-exchange , Equity-intelligence-india , Mars-medical-devices , South-indian-bank , Shalby , Halby-shares , Halby-share-price

Mars Medical Devices Ltd invests in Singapore arm

Shalby Ltd's Wholly-owned Subsidiary Mars Medical Devices Ltd has further subscribed 3,00,000 equity shares of SGD 1 each in Shalby Global Technologies Pte. Ltd., Singapore, and remitted funds for the same on March 16, 2023.

Singapore , Mars-medical-devices-ltd , Shalby-limited-subsidiary-mars-medical-devices , Mars-medical-devices , Subsidiary-of-the-company , Mars-medical-devices-limited , Shalby-global-technologies , Step-down-subsidiary , Medical-devices-limited , Shalby-limited , Shalby

Mars Medical Devices Ltd invests further in Singapore subsidiary

Shalby Ltd's Wholly-owned Subsidiary Mars Medical Devices Ltd has further subscribed 2,00,000 equity shares of SGD 1 each in MMDL'S Subsidiary - Shalby Global Technologies Pte. Ltd., Singapore, and remitted funds for the same on December 1, 2022.

Singapore , Mars-medical-devices-ltd , Shalby-limited-subsidiary-mars-medical-devices , Mars-medical-devices , Subsidiary-of-the-company , Global-technologies , Mars-medical-devices-limited , Step-down-subsidiary , Whole-sale-trading , Shalby-limited , Shalby

Mars Medical acquires further stake in Shalby's Singapore arm; stock slips ~2%

The company engages in wholesale of medical, professional, scientific, and precision equipment.

Shalby-ltd , Subsidiary-mars-medical-devices-limited , Mars-medical-devices , Subsidiary-of-the-company , Shalby-limited , Global-technologies , Mars-medical-devices-limited , Step-down-subsidiary ,

Shalby subsidiary receives license for import of medical devices; Stock soars ~4%

Mars Medical Devices received a license for the complete range of Joint replacement from Shalby Advanced Technologies Inc. USA.

United-states , India , Shalby-advanced-technologies-inc , Shalby-ltd , Company-on , Mars-medical-devices , Ministry-of-health , Central-drugs-standard-control-organization , Shalby-limited , Mars-medical-devices-limited , Import-license

Stocks To Watch: Reliance, HDFC Life, IDBI Bank, Hindustan Zinc, JSW Steel, Shalby, HUL, Asian Paints

The S&P BSE Sensex and NSE Nifty 50 declined for the third session on Thursday, dragged by losses in information technology and energy stocks.

Sensex fell 1.06% to 59,464.62. The Nifty also declined by similar magnitude to 17,757.

India , Bhilwara , Rajasthan , Gandhinagar , Gujarat , Switzerland , Antarctica , Aditya-birla-sun , Surya-roshni , Kapish-jain , Vishnu-prakashr-punglia , Natco-pharma

Shalby Ltd arm increases stake in Singapore arm

Shalby Ltd arm increases stake in Singapore arm
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Singapore , Shalby-ltd , Mars-medical-devices , Subsidiary-of-the-company , Shalby-ltd-subsidiary-mars-medical-devices-limited , Time-zone , Mars-medical-devices-limited , Step-down-subsidiary , Shalby-limited ,

Shalby gains on acquiring implant assets from Consensus Orthopedics

Shalby gained 1.31% to Rs 162.40 after the company announced that it has entered into a definitive agreement to acquire certain assets from California- based Consensus Orthopedics, for a total cash consideration of $11.45 million.
The assets were acquired by Shalby Advanced Technologies Inc, a wholly owned subsidiary of Mars Medical Devices, which is a wholly owned subsidiary of Shalby. The announcement was made on Saturday, 15 May 2021.
The acquired assets are primarily comprised of inventory and plant and equipment. Product inventory includes knee systems, mobile bearing knee systems, hip systems and revision knee systems. The manufacturing plant and equipment consists of machining & finishing (60,000 components per annum), inspection (75,000-80,000 components per annum) and cleaning, packaging & sterilization (1,50,000 components per annum). The manufacturing site is USFDA certified and has ISO certification 13485:2016. In addition, an experienced team of over 40 consensus employees will be joining Shalby as part of this transaction.

United-states , India , America , Sushobhan-dasgupta , Shalby-advanced-technologies-inc , Consensus-orthopedics , Mars-medical-devices , Capital-market , Surgery , Edical-specialties , Rosthetics , Linical-medicine

Barometers hover near day's high; breadth remains strong

Read more about Barometers hover near day's high; breadth remains strong on Business Standard. The benchmark indices hit intraday high in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, surged 633.05 points or 1.30% at 49,365.60. The Nifty 50 index jumped 173.50 points or 1.18% at 14,851.30.

India , Mumbai , Maharashtra , Karnataka , Tamil-nadu , Dharwad , Arabian-sea , India-general , Uttar-pradesh , Chhattisgarh , Kerala , Palghar

Shalby acquires certain assets of California based Consensus Orthopedics

For cash consideration of USD 11.45 mnShalby has entered into a definitive agreement to acquire certain assets from Consensus Orthopedics (Consensus) a company headquartered in El Dorado Hills, Sacramento, California for a cash consideration of
USD 11.45 million. The assets were acquired by Shalby Advanced Technologies Inc, a wholly owned subsidiary of Mars Medical Devices, which in turn is a wholly owned subsidiary of Shalby.
Consensus designs and manufactures orthopedic implants and instruments with sales predominantly in North America.
The acquired assets are primarily comprised of inventory and plant and equipment. Product inventory includes knee systems, mobile bearing knee systems, hip systems and revision knee systems. The manufacturing plant and equipment consists of machining & finishing (60,000 components per annum), inspection (75,000-80,000

California , United-states , Sacramento , El-dorado-hills , America , Shalby-advanced-technologies-inc , Consensus-orthopedics , Mars-medical-devices , Capital-market , Inventory , Nventory-optimization