Shalby Ltd has announced the discontinuation of its SOCE operations in Rajkot and Lucknow, effective January 31 and February 15, 2026, respectively. The company cited economic non-viability as the reason, while confirming that OPD services will continue in both cities.
Shalby Limited has formally clarified its decision to shut down SOCE operations in Rajkot and Lucknow, following regulatory disclosure requirements under SEBI LODR 2015 and SEBI’s July 2023 circular. The move reflects a strategic choice to align operations with financial sustainability and quality standards.
Key Highlights
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SOCE operations at Rajkot closed on January 31, 2026, and Lucknow on February 15, 2026
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Rajkot contributed turnover of ₹0.91 crore (0.10% of total) in FY2024-25, while Lucknow contributed ₹5.69 crore (0.65%)
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Closure was driven by economic inviability in maintaining Shalby’s quality and financial benchmarks
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OPD services remain operational in both Rajkot and Lucknow, ensuring continuity of patient care
This development underscores Shalby’s focus on optimizing resources while sustaining outpatient services in key regions. The company’s disclosure highlights its adherence to SEBI’s transparency norms and its commitment to balancing financial prudence with healthcare delivery.
Source: Shalby Limited Disclosure to Stock Exchanges