Krsnaa Diagnostics board OKs sale of select diagnostic equipment for Rs 120 crore
Mumbai, Sept. 29 -- The proposed transaction forms part of the company's ongoing strategic initiative to optimise its asset portfolio and enhance capital efficiency.
Over the years, the company has established a significant asset base to support the expansion of its diagnostic operations.
As the company progresses towards an increasingly asset-light and capital-efficient operating model, it has identified certain assets that can be monetised without impacting its core operating capabilities.
The assets proposed to be sold comprise identified freehold assets which are not subject to any security interest created in favour of the company's lenders and, accordingly, the proposed transaction will not impact the assets forming part of the s...
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