Dr. Lal PathLabs Limited (NSEI:LALPATHLAB) agreed to acquire Shahbazkers Diagnostic Centre Private Limited for INR 200 million on April 30, 2026. A cash consideration of INR 200 million will be paid by Dr. Lal PathLabs Limited. As part of consideration, INR 200 million is paid towards common equity of Shahbazkers Diagnostic Centre Private Limited.

For the period ending March 31, 2026, Shahbazkers Diagnostic Centre Private Limited reported total revenue of INR 61.1 million.

The transaction is subject to approval of offer by Dr. Lal PathLabs Limited board. The deal has been approved by the board. The transaction will be completed by May 31, 2026.