Sangani Hospitals Limited — Board Meeting, 28-03-2025: Outcome of Board Meeting

Sangani Hospitals Limited has announced a board meeting outcome where the board approved the acquisition of a 55% stake in Sadbhavna Hospital and Medical Research Centre Private Limited, making it a subsidiary. The acquisition involves a cash consideration of ₹18.81 crore. The company expects strategic benefits and alignment with its business objectives from this acquisition. The purchase will be completed within a year, and the acquisition price is set at ₹15,390 per share for 12,223 equity shares.