Manipal Health redeems ₹5,310 crore debt using IPO proceeds
Manipal Health Enterprises, which operates Manipal Hospitals, has redeemed listed non-convertible debentures (NCDs) worth ₹5,310 crore issued by its wholly owned subsidiary, Manipal Hospitals Private Limited. The company used a portion of the proceeds from its Initial Public Offering (IPO) for the redemption, in line with the objects outlined in its prospectus dated July 31,…
