Cricket legend Sachin Tendulkar and ace shuttler PV Sindhu have called off their talks for investing in Hyderabad-based CallHealth Services, according to sources close to the cricketer
Sachin Tendulkar with star shuttler PV Sindhu during a promotional event recently
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Cricket legend Sachin Tendulkar and ace shuttler PV Sindhu have called off their talks for investing in Hyderabad-based CallHealth Services, according to sources close to the cricketer.
The company, in a regulatory filing informing about its extraordinary general meeting, had said it would seek shareholders approval for a proposed investment of Rs 12 crore and Rs 4 crore from Tendulkar and Sindhu, respectively.
A source close to Tendulkar’s office said the discussions with Callhealth did not proceed beyond the preliminary stage.
CallHealth Services CFO Satish Kottakota said: "Mr Tendulkar and Ms PV Sindhu have not made any investments into CallHealth pursuant to the filing of the EGM notice, which is mandatory for resultant changes in the shareholding pattern."
CallHealth is promoted by Sandhya Raju, daughter-in- law of B Ramalinga Raju, founder of the scam-hit Satyam Computers. The startup offers doctor consultations, diagnostic services and delivery of medicines in Hyderabad, Delhi-NCR, Chennai and Vishakhapatnam.
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