Mars Medical Devices Ltd increases stake in Shalby Global Technologies Pte Ltd

Shalby Ltd's Wholly-owned Subsidiary Mars Medical Devices Limited (MMDL) has further subscribed 1,80,000 equity shares of SGD 1 each in MMDL'S Subsidiary - Shalby Global Technologies Pte. Ltd., Singapore (SGTPL), and remitted funds for the same on August 22, 2022. SGTPL is a subsidiary of Mars Medical Devices Limited and a Step-down Subsidiary of the Company. With the aforesaid investment, shareholding of MMDL in SGTPL is now increased to 98.99 % from earlier 98.76%.

Shares of Shalby Limited was last trading in BSE at Rs. 123.15 as compared to the previous close of Rs. 126.50. The total number of shares traded during the day was 2486 in over 188 trades.

The stock hit an intraday high of Rs. 125.90 and intraday low of 123.00. The net turnover during the day was Rs. 307536.00.

Source : Equity Bulls

Keywords

Shalby INE597J01018 MarsMedicalDevices StakeIncrease ShalbyGlobalTechnologies