Hot Pursuit     07-Oct-23
Medplus Health Board to mull fund raising on 11 Oct
Medplus health Services said that its board will meet on 11 October 2023, to consider raising of funds via equity shares or non-convertible debentures (NCDs).
The company will raise funds through issue of equity shares or any other equity linked instruments or securities including convertible preference shares/ fully or partly convertible debentures or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holder(s) through a private placement (including one or more qualified institutions placements) or further public issue of equity/ debt securities, preferential issue or a rights issue or through any other permissible mode under applicable laws.

Medplus Health Services is in the business of pathological laboratory testing and manufacturing, wholesale trading and contract manufacturing of pharma, fast-moving consumer goods and beauty products and rendering of management services to group companies and holds investments in subsidiary companies.

The company's consolidated net profit increased 18.4% to Rs 3.79 crore on 29.3% jumped in net sales to Rs 1,284.30 crore in Q1 FY24 over Q1 FY23.

The scrip price of Medplus Health Services is Rs 759.75 on BSE.

Previous News
  Medplus Health Services consolidated net profit rises 18.44% in the June 2023 quarter
 ( Results - Announcements 08-Aug-23   07:34 )
  Medplus Health Services consolidated net profit declines 21.90% in the December 2022 quarter
 ( Results - Announcements 04-Feb-23   07:36 )
  Medplus Health Services IPO subscribed 70%
 ( IPO Centre - IPO News 13-Dec-21   17:16 )
  Medplus slides after arm’s suspension of drug license
 ( Hot Pursuit - 22-Dec-23   11:00 )
  Medplus Health Services to conduct board meeting
 ( Corporate News - 14-Jan-23   11:01 )
  Medplus Health Services consolidated net profit rises 25.66% in the March 2024 quarter
 ( Results - Announcements 29-May-24   07:40 )
  Medplus Health Services consolidated net profit rises 234.23% in the December 2024 quarter
 ( Results - Announcements 01-Feb-25   07:43 )
  Board of Medplus Health Services approves proposal for fund raising
 ( Corporate News - 05-Oct-23   16:49 )
  Medplus Health Services to hold EGM
 ( Corporate News - 15-Nov-23   16:09 )
  Medplus Health Services consolidated net profit declines 25.05% in the December 2021 quarter
 ( Results - Announcements 15-Feb-22   12:59 )
  Medplus Health Services to hold board meeting
 ( Corporate News - 26-Apr-23   10:17 )
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