Apollo to meet tommorow on allotment of equity to Apax Mauritius

New Delhi, Oct 25 (UNI) Hospital and pharmacy chain operator Apollo Hospitals Enterprise Ltd said it will meet tomorrow to decide on the allotment of equity shares to Apax Mauritius FDI One Ltd.

A meeting of the Share Allotment Committee will approve, issue and allot 7,047,119 equity shares of Rs 10 each at a price of Rs 605.07 per share to Apax Mauritius FDI One Ltd, a company statement said.

Apollo Hospitals Enterprise Ltd reported a 33 per cent growth in its net profit at Rs 23.6 crore for the second quarter of the current fiscal against Rs 17.7 crore in the corresponding period of the previous year.

UNI