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Outcome of board meeting of Bliss GVS Pharma

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Capital Market
Last Updated : Oct 27 2016 | 9:47 AM IST

Held on 26 October 2016

Bliss GVS Pharma announced that the Board of Directors of the Company at its meeting held on 26 October 2016 have transacted the following -

The Board informed that Bliss GVS Healthcare, the Kenyan step down subsidiary of the Company has won an Annual Contract worth USD 38.76 million for a period of two years, from a consortium of leading insurance firms in Kenya for provision of in-patient and out-patient health care services for approximately 125000 principle members and their dependents.

The Board also approved the terms and conditions of the loan proposal of Rs 68 crore from IDFC/ ICBC Bank. The Board forwarded the loan proposal for review of audit committee.

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First Published: Oct 27 2016 | 9:25 AM IST

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