BSECompany Update22h ago · 19 Aug 2026, 06:24 pm
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Dr. Lal PathLabs Ltd · 539524
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Dr. Lal PathLabs Ltd has incorporated a step-down subsidiary company, Dr Lal PathLabs Indomed LLC, in Tashkent, Uzbekistan, with its wholly-owned subsidiary Dr Lal PathLabs FZCO, Dubai, United Arab Emirates, subscribing to 70% of its share capital.
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Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Dr. Lal PathLabs Ltd - 539524 - Incorporation Of A Step-Down Subsidiary Company
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August 19, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Corporate Relationship Department
Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Bandra (E) Dalal Street
Mumbai – 400 051 Mumbai – 400 001
Symbol: LALPATHLAB Scrip Code: 539524
Sub: Incorporation of a Step-Down Subsidiary Company in Tashkent, Uzbekistan
Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“the Listing Regulations”)
Dear Sir/ Madam,
We wish to inform you that Dr Lal PathLabs FZCO, Dubai, United Arab Emirates, Wholly
Owned Subsidiary of the Company, has incorporated a Company in Tashkent, Uzbekistan
named “Dr Lal PathLabs Indomed LLC” on August 19, 2026, and has agreed to
subscribe 70% of its share capital.
The disclosure(s) as required under Regulation 30 of the Listing Regulations read with
SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 as
amended from time to time is enclosed herewith as “Annexure – A”.
Thanking You,
Yours Faithfully,
For Dr. Lal PathLabs Limited
Vinay Gujral
Company Secretary & Compliance Officer
Encl.: As above
Annexure-A
DISCLOSURE AS PER REGULATION 30 OF LISTING REGULATIONS READ WITH SEBI
CIRCULAR NO. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 DATED JULY 13, 2023:
S. No. Particulars Details
1 Name of the target entity, details in brief such Name of the incorporated entity: Dr Lal
as size, turnover etc. PathLabs Indomed LLC
Turnover, size: Not applicable, since it is a
newly incorporated company.
2 Whether the acquisition would fall within Not Applicable, since this intimation is
related party transaction(s) and whether the regarding the incorporation and agreed for
promoter/ promoter group/ group companies subscription of the share capital of the Step-
have any interest in the entity being acquired? Down Subsidiary of the Company.
If yes, nature of interest and details thereof
and whether the same is done at “arm’s length”
3 Industry to which the entity being acquired Diagnostic Services
belongs
4 Objects and impact of acquisition (including To strengthen the Group’s presence in
but not limited to, disclosure of reasons for Tashkent, Uzbekistan.
acquisition of target entity, if its business is
outside the main line of business of the listed
entity)
5 Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition
6 Indicative time period for completion of the Not Applicable
acquisition
7 Consideration - whether cash consideration Cash Consideration
or share swap or any other form and details
of the same
8 Cost of acquisition and/or the price at which The subscription will be at face value
the shares are acquired
9 Percentage of shareholding / control acquired 70% shareholding is being subscribed by Dr Lal
and / or number of shares acquired PathLabs FZCO, Dubai, United Arab Emirates,
Wholly Owned Subsidiary of the Company.
10 Brief background about the entity acquired in Dr Lal PathLabs Indomed LLC, Tashkent,
terms of products/line of business acquired, Uzbekistan will be engaged in business of
date of incorporation, history of last 3 years providing diagnostics services.
turnover, country in which the acquired
Date of Incorporation: August 19, 2026
entity has presence and any other significant
information (in brief) Turnover: Not applicable (newly incorporated
company).
Country: Tashkent, Uzbekistan