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Dr. Lal PathLabs’ arm to acquire 70% stake in ‘New Company to be incorporated’

Dr. Lal PathLabs’ wholly owned subsidiary — Pathlabs Unifiers has received approval for signing a binding term sheet for acquisition of 70% equity stake of Central Lab, Indore and Vinita Kothari (Proprietorship Concern) through a ‘New Company to be incorporated’.

The Company’s arm will acquire stake with an objective for strengthening its business presence in the state of Madhya Pradesh.

Dr. Lal Pathlabs is recognized as a centre of innovation and a premier clinical pathology laboratory. It is the largest and most respected diagnostic service provider in the country.

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