Sangani Hospitals Limited — Important, 28-03-2025: Updates

Sangani Hospitals Limited will acquire a 55% stake in Sadbhavna Hospital and Medical Research Centre Private Limited by executing a Share Subscription Agreement. This acquisition involves 12,223 equity shares and positions Sadbhavna as a wholly-owned subsidiary of Sangani Hospitals. The total consideration for this transaction is ₹18.81 crore, with shares priced at ₹15,390 each. The target entity operates in the healthcare sector and aims to enhance Sangani's strategic growth and expansion initiatives. The deal is expected to be finalized within a year and does not require any government approvals, as there is no related party interest involved. This acquisition presents an opportunity for Sangani Hospitals to strengthen its market presence and expand service offerings, suggesting a positive outlook for future growth.