Apollo Hospitals invests Rs 103.26 crore in AHLL via rights issue for business growth.

Apollo Hospitals Enterprises, a leading Indian healthcare company, has announced a Rs 103.26 crore investment in its subsidiary Apollo Health and Lifestyle Limited (AHLL) through a rights issue. The acquisition aims to strengthen AHLL's business operations, working capital, and expansion initiatives. Apollo Hospitals plans to acquire 35,12,107 equity shares of Rs 10 each at a price of Rs 294 per share, including premium of Rs 284 per share.