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==Reason of Name Changed==
==Reason of Name Changed==
[[Non Payment of Brand License Fee and litigation between to SRL Group Company and "Headway Brand Private Limited"]]
[[Non Payment of Brand License Fee and litigation between to SRL Group Company and "Headway Brand Private Limited"]]
SRL Limited Misused of Trademark Right of SRL Group Company and Violated the company act.1956 section(21) regarding Company Name Changed from Super Religare Laboratories Limited To "SRL Limited" without obtained Brand License from SRL Group company and enter breach of trust and Trademark violation since 2011 - 2023 www.srlgroup.in/brandlitigation
SRL Limited Misused of Trademark Right of SRL Group Company and Violated the company act.1956 section(21) regarding Company Name Changed from Super Religare Laboratories Limited To "SRL Limited" without obtained Brand License from SRL Group company and enter breach of trust and Trademark violation since 2011 - 2023 https://www.srlgroup.in
(Authentication of documents, proceedings and contracts. (b) contracts made by or on behalf of a company, may be signed by any key managerial personnel or an officer an officer or employee of the company of the company duly authorised by the Board in this behalf) SRL Limited Provide False Statement to Ministry of Corporate Affairs regarding Rename the Company from Super Religare Laboratories Limited to "SRL Limited. After facing Trademark issues or Brand litigation with SRL Group company. the company's Management decide to rename the company SRL Limited to Agilus Diagnostics Limited. The Brand [[SRL Diagnostics]] Trademark right Hold by SRL Group company. Which is always existed since 1999 and engaged in lab management business as B2B (CLM HLM PLM) sources: https://www.srldiagnostics.in
(Authentication of documents, proceedings and contracts. (b) contracts made by or on behalf of a company, may be signed by any key managerial personnel or an officer an officer or employee of the company of the company duly authorised by the Board in this behalf) SRL Limited Provide False Statement to Ministry of Corporate Affairs regarding Rename the Company from Super Religare Laboratories Limited to "SRL Limited. After facing Trademark issues or Brand litigation with SRL Group company. the company's Management decide to rename the company SRL Limited to Agilus Diagnostics Limited. The Brand [[SRL Diagnostics]] Trademark right Hold by SRL Group company. Which is always existed since 1999 and engaged in lab management business as B2B (CLM HLM PLM) sources: https://www.srldiagnostics.in


Revision as of 22:20, 6 July 2024

Agilus Diagnostics
FormerlySRL Limited[1]
Company typePublic
IndustryDiagnostics
Founded07 July 1995; 29 years ago (07 July 1995)
Headquarters
Gurgaon, Haryana, India
Number of locations
418+
Area served
India, Dubai, Afghanistan and Nepal
Key people
Anand Kuppuswamy (MD & CEO)[2]
ServicesPathology, Radiology
RevenueIncrease ₹1,605 crore (US$190 million) (FY22)[3]
Increase ₹425 crore (US$51 million) (FY22)[3]
Owners
Subsidiaries
  • Agilus Pathlabs Reach Limited
  • DDRC Agilus Pathlabs Limited
Websiteagilusdiagnostics.com

Agilus Diagnostics Limited (formerly known as SRL Limited) is an Indian multinational diagnostics company providing diagnostic services in pathology and radiology. Agilus Diagnostics has its headquarters and corporate office in Gurgaon.

Reason of Name Changed

Non Payment of Brand License Fee and litigation between to SRL Group Company and "Headway Brand Private Limited" SRL Limited Misused of Trademark Right of SRL Group Company and Violated the company act.1956 section(21) regarding Company Name Changed from Super Religare Laboratories Limited To "SRL Limited" without obtained Brand License from SRL Group company and enter breach of trust and Trademark violation since 2011 - 2023 https://www.srlgroup.in (Authentication of documents, proceedings and contracts. (b) contracts made by or on behalf of a company, may be signed by any key managerial personnel or an officer an officer or employee of the company of the company duly authorised by the Board in this behalf) SRL Limited Provide False Statement to Ministry of Corporate Affairs regarding Rename the Company from Super Religare Laboratories Limited to "SRL Limited. After facing Trademark issues or Brand litigation with SRL Group company. the company's Management decide to rename the company SRL Limited to Agilus Diagnostics Limited. The Brand SRL Diagnostics Trademark right Hold by SRL Group company. Which is always existed since 1999 and engaged in lab management business as B2B (CLM HLM PLM) sources: https://www.srldiagnostics.in

History

The company was incorporated on 07/07/1995 name as "Specialty Ranbaxy Limited" is a joint venture equally owned by Specialty Laboratories Inc. a single largest source of specialized medical testing in the USA, and Ranbaxy Laboratories Limited, the leading Indian pharmaceutical company by brothers Shivinder Mohan Singh and Malvinder Mohan Singh In 2001 "Specialty Ranbaxy Limited" renamed as SRL Ranbaxy Limited, In 2008 SRL Ranbaxy Limited renamed as Super Religare Laboratories Limited, In 2013 Super Religare Laboratories Limited rename as SRL Limited, In 2023 SRL Limited rename as Agilus Diagnostics Limited. Agilus Diagnostics Not Paid Brand License Fee and Change Name of Company SRL Limited sources: https://www.thehindubusinessline.com/companies/srls-rebranding-to-agilus-under-scanner-in-delhi-hc/article66916813.ece sources: https://www.srlgroup.in

Business Acquisition

In 2010, Super Religare Laboratories Limited acquired Piramal Diagnostic Services and its network of 107 laboratories from Piramal Healthcare for ₹600 crore.[5]

In 2011, Fortis Healthcare completed the acquisition of 74.59% stake in SRL.[6] After being acquired by Fortis, the company rebranded itself as SRL Diagnostics.[7]

In 2021, SRL acquired the remaining stake in its Kerala-based joint venture, DDRC, for ₹350 crore. With the addition of DDRC's 220 labs to its lab network, SRL became the biggest pathology lab chain in India with a total of 430 labs.[8]

In 2023, SRL Diagnostics changed its name to Agilus Diagnostics.[9]

Operations

Agilus has two reference labs one in Goregaon (Mumbai), and one in Gurgaon (Haryana), India. The company has more than 418 networking laboratories,[10] including four "Centers of Excellence", 26 radiology/imaging centers, 40 NABL accredited, and four CAP-accredited labs and a footprint spanning over 9000 collection points in India.[11] Along with this, the company also has large labs in Dubai, Sri Lanka and Nepal, and about 70 different collection points in various countries outside India.[12]

Agilus Diagnostics claims to offer more than 3,500 different tests in pathology, radiology, wellness, occupational health and clinical trials and also carries out more than 107,000 tests in a day.[13] Agilus Diagnostics operates diagnostic centres, collection centres, and laboratories. Agilus Diagnostics also offers tests in pathology covering biochemistry, immunology, herpetology, clinical pathology, histopathology and immunohistochemistry, microbiology, molecular biology, cytogenetics, and flow cytometry.[14]

References

  1. ^ Unnikrishnan, C. H. (22 August 2008). "SRL Ranbaxy mulls merger with Fortis Health". Mint. Retrieved 9 January 2023.
  2. ^ V, Narayanan (9 June 2022). "SRL Diagnostics to set up central reference lab in Chennai". The Hindu Businessline. Retrieved 9 January 2023.
  3. ^ a b "SRL Limited". CRISIL. Retrieved 6 January 2023.
  4. ^ "Agilus Diagnostics withdraws IPO plans, says SEBI". Moneycontrol. 22 February 2024. Retrieved 23 February 2024.
  5. ^ "Piramal Healthcare completes sale of diagnostics arm to SRL". Business Standard India. 21 August 2010. Retrieved 9 January 2023.
  6. ^ "Fortis completes acquisition of 74.59% stake in SRL". Business Standard India. 12 May 2011. Retrieved 9 January 2023.
  7. ^ Vijayraghavan, Kala. "Super Religare Laboratories rechristens itself as 'SRL Diagnostics'; launches new logo". The Economic Times. Retrieved 9 January 2023.
  8. ^ Jayan, T. V. (30 March 2021). "SRL becomes India's largest pathlab chain after acquiring DDRC". The Hindu Businessline. Retrieved 9 January 2023.
  9. ^ Pilla, Viswanath (2023-05-27). "SRL Diagnostics rebrands as Agilus Diagnostics". The Economic Times. ISSN 0013-0389. Retrieved 2023-12-09.
  10. ^ "Agilus Diagnostics".
  11. ^ "According to Ibef.org".
  12. ^ "Microsoft News".
  13. ^ "According to IBEF".
  14. ^ "Bloomberg". Bloomberg News.
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