Krsnaa Diagnostics raises Rs 430 crore via NCDs
The Operation Committee of the Board of Directors of the Company at its meeting held on February 23, 2026, has inter alia approved allotment of the same
Krsnaa Diagnostics has raised Rs 430 crore through the allotment of 43,000 Unlisted, Secured, Unrated, Redeemable, transferable, Interest bearing Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each, on a private placement basis to Asian Development Bank (ADB). The Operation Committee of the Board of Directors of the Company at its meeting held on February 23, 2026, has inter alia approved allotment of the same.
Krsnaa Diagnostics is one of the fastest-growing diagnostic chains in India. The company offers a wide range of diagnostic services such as imaging/radiology services (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and tele-radiology services to private and public hospitals, medical colleges, and community health centres.
