"We are now planning to get out of the joint venture AMRI and discussions are on in this regard," a source close to the development told PTI.
He said Shrachi Group's desire to exit the joint venture is a new development and had got nothing to do with the fire in the Dhakuria branch of the hospital in December 2010 in which 91 patients were killed.
The official spokesperson, however, declined to comment when contacted.
Ravi Todi was the only board representative from Shrachi Group which holds 33 per cent stake in the JV.
"We have got the fire licence from the government. Now we will apply for the health licence after which admission of patients can start," AMRI CEO Rupak Baruah said.
The AMRI venture suffered severe losses since the fire as the Dhakuria branch was the key revenue driver.
AMRI has a total 1,000 beds in its three units - Dhakuria, Salt Lake and Bhubaneswar.
The West Bengal government holds one per cent and the rest being held by the Emami group.
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