Thursday 26 December 2013

Apollo Hospitals’ holding company buys 10 million shares of the company

Apollo Hospitals’ promoter family’s holding company PCR Investments has bought shares worth Rs 87.66 crore in Apollo Hospitals. PCR has bought 10 million shares at a price of Rs 876.67 a share.

The Reddys, the promoter family of Apollo Hospitals, hold around 34.35% stake in the company, of which 18.42% stake is held by PCR Investments while the rest is with individual family members, as of September 30, 2013.

Apollo Hospitals is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.

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