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Invicta Diagnostic Limited acquired a 51% stake in Vinchurkar Diagnostics for ₹7.60 Crore. This marks the completion of the first tranche of the proposed acquisition.
Invicta Diagnostic Limited is acquiring a 95% stake in Nashik-based Vinchurkar Diagnostics Private Limited for ₹7.60 Crore. The cash deal occurs in two tranches ending October 2026. This acquisition marks Invicta's entry into the Nashik market, expanding its diagnostic network beyond the Mumbai Metropolitan Region.
Invicta Diagnostic Limited will acquire a 95% stake in Vinchurkar Diagnostics Private Limited for ₹7.6 Crore. The transaction will be executed in two tranches, with 51% acquired by May 2026 and the remainder by October 2026. The definitive agreements are scheduled for execution on April 11, 2026.
Invicta Diagnostic Limited has approved the acquisition of up to 95% stake in Vinchurkar Diagnostics Private Limited for ₹7.6 Crore. The transaction will be executed in two tranches by October 2026. This acquisition aims to expand Invicta's diagnostic service presence in Nashik, Maharashtra.