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HAGI is a US-based healthcare company incorporated on December 21, 2023, as a Delaware corporation. It specialises in designing technology-driven solutions for the underserved in the United States, India and the rest of the world. HAGI operates at the intersection of healthcare, information technology and innovation.
Also Read: Reliance Industries analysts predict upside of up to 30%; Check out their latest targets
The investment will empower RDHL to develop a virtual diagnostic and care platform, expanding access to healthcare for underserved communities. The investment is not a related party transaction and none of the company’s promoter/promoter group/group companies have any interest in the above transaction.
“The transaction is subject to customary closing conditions and is expected to be completed in around 2 weeks. No governmental or regulatory approvals are required for the above transaction,” Reliance Industries said.
On Friday (December 20), shares of Reliance Industries Ltd ended at ₹1,206.00, down by ₹24.60, or 2.00% on the BSE.
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First Published: Dec 21, 2024 3:18 PM IST
