Divestment15 May 2026, 12:30 pm
Health X: Mitsubishi Corp Completes Sastasundar Stake Sale
AI Summary
Mitsubishi Corporation completed the sale of its entire 4.68% equity stake (10,13,766 shares) in Sastasundar Healthbuddy Limited, a material subsidiary of Health X Platform Ltd, to Envision India Fund on May 12, 2026. Consequently, Mitsubishi Corporation is no longer a shareholder of Sastasundar Healthbuddy Limited. The board of directors of Sastasundar Healthbuddy Limited acknowledged the transfer on May 15, 2026.
Key Highlights
- Mitsubishi Corp sells its 4.68% stake in Sastasundar Healthbuddy Ltd.
- Envision India Fund acquires Mitsubishi's stake.
- Transaction completed on May 12, 2026.
- Sastasundar Healthbuddy Ltd board acknowledged the transfer on May 15, 2026.