Healthcare Global Enterprises Completes Divestment of BACC Health Care Shareholding
Healthcare Global Enterprises Limited has completed the divestment of its equity shareholding in BACC Health Care Private Limited. The sale concluded on June 29, 2026, to Inviga Healthcare Fund I and its nominee.The transaction relates to a Share Purchase Agreement (SPA) executed on May 19, 2026. As per the agreement terms, out of the total 93,578 shares of BACC held by the company, the transfer of 93,577 shares has been completed. The remaining one share is currently being transferred by a nominee on behalf of Healthcare Global Enterprises Limited.
The sale represents the entire equity shareholding of Healthcare Global Enterprises Limited in BACC Health Care Private Limited.
Financial Details and Consideration
Under the SPA, the total consideration for the transfer of the complete shareholding was INR 37,64,44,788. The payment structure involved an initial consideration and a deferred payment component.The initial consideration amounted to INR 28,23,33,591. This amount was received by Healthcare Global Enterprises Limited on June 29, 2026. The remaining balance constitutes the deferred consideration, which is scheduled to be paid within 18 months from the signing date of the SPA (May 19, 2026). The company noted that the deferred consideration is purely time-deferred and not conditional or contingent.
Key details regarding the divestment are summarized below:
| Metric | Detail |
|---|---|
| Company Selling | Healthcare Global Enterprises Limited |
| Target Company | BACC Health Care Private Limited (BACC) |
| Buyer | Inviga Healthcare Fund I and its nominee |
| Total Shares Held | 93,578 |
| Shares Transferred | 93,577 (approximately 99.999%) |
| Total Consideration | INR 37,64,44,788 |
| Initial Consideration Received | INR 28,23,33,591 |
| Deferred Payment Timeline | Within 18 months of May 19, 2026 |
HCG Stock Price Movement
Shares of Healthcare Global Enterprises Limited on Monday slipped by 0.80% to settle at ₹595.05, trading down ₹4.80 from its previous close. The stock saw focused trading activity during the session, with a total volume of 94,800 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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