Acquisitions11 Jul 2026, 03:00 pm
Arvaya Healthcare to acquire SIGPL for ₹15.48 Cr via share swap
AI Summary
Arvaya Healthcare Limited (formerly Bijoy Hans Limited) announced board approval for the acquisition of 100% equity shares of Sushodha Institute of Gastroenterology Private Limited (SIGPL) for ₹15.48 Crore. The consideration will be discharged through the issuance of up to 38,71,854 equity shares at ₹40 each. The board also approved a preferential issue of equity shares for the same purpose and the formation of a Rights Issue Committee to manage a proposed Rights Issue of Specified Securities, aiming to raise up to ₹210 Crores. The acquisition is subject to shareholder and regulatory approvals.
Key Highlights
- Arvaya Healthcare to acquire 100% of SIGPL for ₹15.48 Crore.
- Acquisition consideration to be paid via issuance of new equity shares.
- Board approves preferential issue of equity shares for acquisition.
- Rights Issue Committee formed to manage a ₹210 Crore Rights Issue.
- Acquisition is subject to customary conditions and approvals.
Price Impact
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