Krsnaa Diagnostics board approves sale of select equipment for up to Rs 120 crore
In short
Krsnaa Diagnostics said its board approved selling identified diagnostic equipment for up to Rs 120 crore. The buyers were described only as identified purchasers.
This could change the company’s asset base and cash position. The reporting does not say which equipment is being sold or when the deal will close.
What the reporting says
Krsnaa Diagnostics said its board approved the sale of identified diagnostic equipment for aggregate consideration of up to Rs 120 crore to identified purchasers. The reporting does not name the equipment or buyers, and it does not say when the transaction will close. The immediate implication is a potential asset sale, but the final terms are still not stated.
Why it matters
Krsnaa Diagnostics’ board approved the sale of identified diagnostic equipment for up to Rs 120 crore to identified purchasers. The source does not specify the assets, the buyers, or the closing timeline. The event may affect the company’s equipment base and financial position, but those effects are not detailed in the available reporting.