Shifa International Hospitals Limited has announced the voluntary winding up of its subsidiary, Shifa Development Services (Private) Limited, following a resolution by its Board of Directors.
- The decision was made during a Board meeting on November 10, 2026.
- An Extraordinary General Meeting (EOGM) for the subsidiary's shareholders is scheduled for December 05, 2026, to consider a Special Resolution for the winding up and to appoint a liquidator.
- This move indicates a strategic shift, potentially impacting the company's operational structure.
- No financial details regarding the subsidiary's assets or liabilities were disclosed in the announcement.