UniHealth Hospitals Raises Rs 10.57 Crore Through Zero Coupon CCDs Issuance to Promoters
UniHealth Hospitals, an SME-listed healthcare company with a market cap of Rs 210 crore, has announced the issuance of zero coupon Compulsorily Convertible Debentures (CCDs) worth Rs 10.57 crore to its promoters. The CCDs, which will convert to equity shares after a specified period, provide immediate capital without interest burden. This move represents about 5% of the company's market cap and could be used for expansion, debt reduction, or working capital needs.