Shalby Ltd signs Agreement with Hospital at Ranchi

Shalby Ltd has signed an agreement with Divine Super Specialty Hospital Pvt. Ltd., a leading hospital in Ranchi having capacity of 60 beds, to establish a Franchise‐Owned Shalby‐Managed (FOSM) hospital in the region. This strategic collaboration marks an important milestone in our Franchise business plans and signifies our commitment to delivering quality healthcare services to the people of in and around Ranchi.

As per the terms of the Agreement, Shalby Limited will provide their expertise, operational guidance, specialist doctor services, supply chain and Learning & Development Support to facilitate the establishment and smooth functioning of the hospital. Divine Super Specialty Hospital Pvt. Ltd (Franchisee) will be responsible for the day‐to‐day operations of the hospital.

Ranchi, the capital city of Jharkhand, has witnessed rapid growth in recent years, creating a demand for high‐quality healthcare services. Our partnership with Divine Super Specialty Hospital Pvt. Ltd., will leverage our extensive experience and excellent reputation in the healthcare industry to meet this demand effectively.

This collaboration aligns with our long‐term vision of expanding our presence and making quality healthcare accessible to a wider population. We are confident that Shalby Divine Super Specialty Hospital, Ranchi will contribute significantly to the healthcare ecosystem of the region, offering comprehensive and advanced medical facilities.

Shares of Shalby Limited was last trading in BSE at Rs. 167.80 as compared to the previous close of Rs. 171.90. The total number of shares traded during the day was 30247 in over 1168 trades.

The stock hit an intraday high of Rs. 174.25 and intraday low of 166.45. The net turnover during the day was Rs. 5154726.00.

Source : Equity Bulls

Keywords

Shalby INE597J01018 Agreement Hospital Ranchi