JBIC to invest into Takshasila Hospitals.

The Japan Bank for International Cooperation (JBIC) plans to invest around Rs. 63 crore in Takshasila Hospitals Operating Pvt. Ltd., a general hospital in Bangalore, jointly operated by three investors - Secom Co Ltd's subsidiary Secom Medical System Co. Ltd., Toyota Tsusho Corporation and Kirloskar Group. This is the first time JBIC is investing in medical business, said the company.

JBIC has agreed to the issue and subscription of preferred stocks through a third party allocation for Takshasila, which has established a 294-bed general hospital Sakra World Hospital in March 2014.

BS