QMS Medical Allied Services Limited has informed the exchange that it had acquired 51% stake in the equity share capital of Saarathi Healthcare Private Limited.
The acquisition has been valued at 45 crores.
Saarathi Healthcare Private Limited operates in disease management, early diagnosis, screening with POC devices and otherwise, disease awareness, access programs across therapy by using digital tools as well as physical interaction models.
QMS said that the acquisition met their strategic priorities and would further expand their total addressable market in the value-added healthcare business.