Park Group announces strategic divestment
Park Medi World Limited said its wholly owned subsidiary, Aggarwal Hospital and Research Services Pvt Ltd, approved divesting its 55% stake in Devina Derma Pvt Ltd for INR 0.06 crore as part of restructuring. Devina Derma will stop being a subsidiary after completion, following sellers’ failure to meet transaction conditions. Park shares last traded at Rs. 281.25 on BSE.


