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Fischer Medical Ventures’ arm further acquires shares of Sascan Meditech
Apr-08-2025

Fischer Medical Ventures’ Material Subsidiary -- Time Medical International Ventures (India) has further acquired 950 shares of Sascan Meditech consequent to the approval from the Board of Directors in their meeting held on July 10, 2024.  

Objective of acquisition is for diversification and expansion of business. The company constantly explores various options for growing business and determined that this acquisition is in the best interest of the company. Cost of acquisition is Rs 2 crore constituting acquisition of 950 shares.

Fischer Medical Ventures is engaged in the trading of certain grades of Laboratory Chemicals.


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