BusinessAI imageManipal Health Redeems Rs 5,310 Crore NCDs Using IPO Proceeds
Manipal Health Enterprises has fully redeemed Rs 5,310 crore worth of outstanding listed non-convertible debentures issued by its subsidiary, Manipal Hospitals Private Limited. The redemption was funded using a portion of the IPO proceeds, aligning with the objectives disclosed during the Initial Public Offering.
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