Natco Pharma invests Rs 7.5 cr in Hyderabad's PACE Hospital

Natco Pharma today said it has invested Rs 7.5 crore to pick up 7.5 per cent stake in OMRV Hospitals.
"NATCO Pharma Ltd would like to announce that today it has executed definitive agreement and subscribed to 7.5 per cent of the paid-up equity share capital of OMRV Hospitals," it said in a BSE filing.
It added that the investment amount was Rs 7.50 crore for the transaction.
OMRV operates under brand name 'PACE Hospital', which is a super specialty hospital presently operating in Hyderabad, Telangana.
The hospital focuses on tertiary care services in the field of medical and surgical gastroenterology, hepatology, nephrology, urology, GI oncology and andrology.