IKS HEALTH : BOARD APPROVES UPDATED FACILITIES AND ADDITIONAL SECURITY

• aggregate amount of facilities availing by IKS Inc. reduced from up to USD 670 million to up to USD 635 million • Healthcare Resource Group, Inc. (HRG Inc.), a wholly-owned subsidiary of the Target, will become a material subsidiary of the Company • Board approved inclusion of HRG Inc. within the security package for the updated facilities • Additional security to be provided over assets of HRG Inc., pledge over shares of HRG Inc., and guarantee by HRG Inc. • Security to be created over inter-company debts and non-disposal undertakings to be executed • The meeting commenced at 6:05 p.m. (IST) and concluded at 6:26 p.m. (IST) on July 2, 2026

Inventurus Knowledge Solutions Limited

Open attachment

← Back to feed