Arvaya Healthcare Allots 38.7 Lakh Shares on Preferential Basis

Arvaya Healthcare Ltd (formerly Bijoy Hans Limited) has approved the allotment of 38,71,854 fully paid-up equity shares of face value ₹10 each at an issue price of ₹40 per share (including a premium of ₹30). This preferential allotment, valued at ₹15,48,74,160 (₹15.49 Crore), is for consideration other than cash, on a share swap basis with the shareholders of Sushodha Institute of Gastroenterology Private Limited (SIGPL). The allotment increases the company's paid-up equity capital from ₹48.02 Crore to ₹51.89 Crore. The new shares will rank pari-passu with existing shares and will be subject to a lock-in period as per SEBI regulations. The company will seek listing and trading approval for these shares.