Sangani Hospitals Limited Completes Acquisition of Sadbhavna Hospital
Sangani Hospitals Limited announced the successful completion of its acquisition of a 55% stake in Sadbhavna Hospital and Medical Research Centre Private Limited on March 31, 2026. The acquisition, previously approved on March 28, 2025, involves a cash consideration of Rs. 18,81,00,000 (Rupees Eighteen Crores Eighty-One Lakhs only).As a result of the acquisition, Sadbhavna Hospital and Medical Research Centre Private Limited has become a subsidiary of Sangani Hospitals Limited.
The acquisition was executed at a share price of Rs. 15,390 (Rupees Fifteen thousand three hundred and ninety Only) per share. Sangani Hospitals Limited acquired 12,223 (Twelve Thousand Two Hundred Twenty- Three) Equity Shares, each with a face value of Rs. 10 (Rupees Ten only).
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Details of the Acquired Entity
| Particulars | Details |
|---|---|
| Name | Sadbhavna Hospital and Medical Research Centre Private Limited |
| CIN | U86100GJ2024PTC147902 |
| Authorised Capital | Rs. 2,00,00,000 (Rupees Two Crores only) |
| Turnover for FY 2024-25 | Rs. 165.93 lakhs |
| Industry | Healthcare Industry |
| Date of incorporation | January 19, 2024 |
| Country of presence | India |
The company stated that the acquisition aligns with its business objectives and is expected to drive expansion and provide strategic benefits.
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