Medinova to sell B'lore facility to Mallya Hospitals.

Hyderabad-based Medinova Diagnostic Services Limited has decided to sell its Bangalore facility to Mallya Hospitals for Rs. 7.15 crore. Recently, the board of directors of the company approved the sale proposal.

Medinova chief operating officer N Ravi Kumar in a filing to the BSE said they had received a proposal to purchase its diagnostic facility last month from Bangalore-based Chaparral Health Services, which manages the Mallya Hospital.

BS