💨 Abstract

Modern Diagnostic & Research Centre Limited, a diagnostic and healthcare services provider in India, has announced plans for an IPO. The company will issue 41 million shares to fund capital expenditure, working capital, debt repayment, and general corporate purposes. This move aims to enhance operational efficiency, support growth initiatives, and strengthen the company's financial position. Beeline Capital Advisors and MUFG Intime India are involved in the IPO process.

Courtesy: theprint.in

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