We hereby submit intimation regarding Hospital Asset Acquisition in Sector 40 Gurugram.
YATHARTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Yatharth Hospital & Trauma Care Services Limited has approved the acquisition of a hospital asset (land and building under construction) from RNY Healthcare Services Private Limited in Sector 40, Gurugram. The acquisition is for Rs. 100 crores in cash on an as-is-where-is basis. The asset has a potential bed capacity of ~250 beds and includes additional capex for medical equipment. The deal is not a related party transaction and requires no government or regulatory approvals. It is expected to be completed within 45 days and will enhance Yatharth's presence in Delhi NCR.
This acquisition adds a new hospital facility with ~250 bed capacity in a strategic location (Delhi NCR), expanding Yatharth's healthcare footprint. The Rs. 100 crore cash deal is a straightforward asset purchase that should be earnings-accretive once operational.