Company has entered into share purchase Agreement with Health Secure Hospitals Private Limited acquiring 100% stake in equity shares.
Awaiting price reaction for this filing.
Bijoy Hans Limited has signed a Share Purchase Agreement to acquire 100% equity stake in Health Secure Hospitals Private Limited (HSHPL), a Karnataka-based hospital management company incorporated in 2021. Total deal value is approximately ₹29.40 crore, funded partly in cash (₹10 crore) and partly through a share swap (1.55 crore equity shares of Bijoy Hans issued at ₹12.5 per share). HSHPL reported FY25 turnover of ₹1.37 crore with a small net loss; its turnover has been modest (₹24–48 lakh in prior two years). The transaction will close in two tranches — first by November 30, 2025 and second by January 31, 2026 — with a long stop date of April 30, 2026. No regulatory approvals or related party concerns were flagged.
This is a strategic diversification move for Bijoy Hans into healthcare services, funded mostly through equity dilution. The target is small and currently loss-making, so near-term contribution to earnings will likely be limited. Shareholders should watch for execution progress and any further disclosures on integration plans.