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Yatharth Hospital & Trauma Care Services LimitedJV/Acquisition, 30-10-2024: Acquisition

30-10-2024 · 06:51 pm

Yatharth Hospital and Trauma Care Services Limited's board has approved acquiring 60% equity shares in MGS Infotech Research and Solutions Private Limited for ₹152 crores. This acquisition aims to enhance the company’s presence in the Delhi NCR region through a new 400-bed hospital in Faridabad, expected to become operational within 6 to 10 months. The transaction will be funded entirely in cash and requires no regulatory approvals.

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