Adani Group enters healthcare, will set up medical and research facilities

A subsidiary called Adani Health Ventures will commence its business operations in 'due course', says conglomerate.

The Adani Group on Wednesday announced its foray into the health care space. In an exchange notification, Adani Enterprises said it has incorporated a wholly-owned subsidiary, Adani Health Ventures (AHVL), for this purpose.
 
AHVL will carry out the business of healthcare-related activities like setting up of medical and diagnostic facilities, research centres, it said.
 
In the filing, the group said Adani Health Ventures was incorporated on Tuesday with an initial authorised and paid-up share capital of Rs 1 lakh each, “to carry on the business of healthcare related activities including, inter alia, setting up, running, administering medical and diagnostic facilities, health aids, health tech based facilities,