This was the first case admitted in Chennai under the Insolvency and Bankruptcy code (IBC).
Though other key players like MGM Healthcare, Maxi Vision Eye Hospital and Dr Agarwal’s Health Care were also a part of the bidding process, it was the ASG that won the race.
Reportedly, ASG has over 50 eye hospitals across 16 states in the country. On the other hand, Vasan Eye Care operates more than 97 centers, majorly in southern states like Tamil nadu, Andhra Pradesh, telangana, Kerala and Karnataka.
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