Shalby Limited , a prominent healthcare provider, has taken a significant step to support its wholly-owned subsidiary, Shalby Medtech Limited (SMTL), by issuing a corporate guarantee of up to ₹25.00 crore. This guarantee is in favor of Easy Assets Private Limited and Aditya Birla Capital Limited for lease rental facilities granted to SMTL.

Key Details of the Corporate Guarantee

• Guarantee Amount: Up to ₹25.00 crore
• Beneficiary: Shalby Medtech Limited (formerly known as Mars Medical Devices Ltd)
• Purpose: Equipment rental facilities
• Guarantors: Easy Assets Private Limited (Seller/Assignor) and Aditya Birla Capital Limited (Financier/Assignee)

Impact and Implications

According to the company's disclosure, this transaction is expected to have no financial or operational impact on Shalby Limited as a listed entity. The company has also clarified that promoters and promoter groups have no interest in this transaction, ensuring transparency in the deal.

Corporate Governance and Disclosure

In compliance with regulatory requirements, Shalby Limited has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's proactive approach in disclosing this information demonstrates its commitment to maintaining good corporate governance practices and keeping shareholders informed of significant financial decisions.

About Shalby Medtech Limited

Shalby Medtech Limited, a wholly-owned subsidiary of Shalby Limited, is set to benefit from this corporate guarantee. The guarantee will facilitate SMTL's access to equipment rental facilities, potentially supporting its operational needs and growth strategies in the medical devices sector.

This move by Shalby Limited underscores the company's support for its subsidiary's operations and highlights the interconnected nature of the group's business activities in the healthcare sector. As the healthcare industry continues to evolve, such financial arrangements may play a crucial role in enabling subsidiaries to access necessary equipment and resources efficiently.

Shalby Ltd. has announced a significant partnership in the field of healthcare education, signing a Memorandum of Understanding (MoU) with Bhartiya Skill Development University (BSDU) in Jaipur. This collaboration aims to jointly offer Bachelor of Vocation (B.Voc.) programs in Allied Health and Paramedic Skills, marking Shalby Academy's 11th academic partnership across India and its second in Rajasthan.

Program Details

The partnership will introduce three B.Voc. programs:

1. Medical Laboratory Technology (MLT)
2. Operation Theatre & Anesthesia Technology (OT&AT)
3. Medical Radiology Imaging Technology (MRIT)

These programs will follow a Swiss Dual Learning Model, combining practical experience with academic learning:

• Four days of clinical training at Shalby Hospitals
• Two days of academic learning at BSDU

Industry-Aligned Curriculum

Shalby Ltd., as the industry partner, will provide hands-on training opportunities at its state-of-the-art facilities in Jaipur. This real-world exposure will be integrated into the academic curriculum, ensuring students gain valuable practical experience alongside their theoretical studies.

Career Opportunities

Top-performing students in these programs will receive preferential placement opportunities within the Shalby Hospital network, providing a clear path to employment in the healthcare sector.

Key Figures Present at MoU Signing

The MoU signing ceremony was attended by several notable figures:

• Dr. Shaikh Juned Saoud, Registrar, BSDU
• Mr. Babu Thomas, Group CHRO of Shalby Ltd.
• Mr. Rolf P. Siebold, CEO, Rajendra Urshula Joshi Trust
• Ms. Silvia Rosery, Project Manager, Rajendra Urshula Joshi Trust
• Mr. Sudeep Khanna, Provost, BSDU

Addressing Healthcare Sector Demands

This collaboration is positioned to play a crucial role in addressing the increasing demand for qualified professionals in the healthcare sector. By combining academic rigor with real-world expertise, Shalby Ltd. and BSDU aim to produce industry-ready healthcare professionals.

The partnership underscores Shalby's commitment to developing skilled healthcare professionals through academic synergy, further solidifying its position in the healthcare education landscape.