Acquisitions17 Mar 2026, 02:51 pm
Ananta Medicare Acquires 1.37 Crore Shares of Cian Healthcare, Exceeding 5% Stake
AI Summary
Ananta Medicare Limited, represented by Sanjeev Kumar, has acquired 1,37,50,000 equity shares of Cian Healthcare Limited on March 16, 2026. This acquisition was made pursuant to the Resolution Plan approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, on December 18, 2025. Consequently, Ananta Medicare Limited's shareholding in Cian Healthcare Limited has surpassed 5% of the total paid-up equity share capital of the company. This disclosure is submitted in compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Ananta Medicare Limited acquires 1,37,50,000 equity shares of Cian Healthcare Limited.
- The acquisition results in Ananta Medicare Limited holding more than 5% of Cian Healthcare Limited's total paid-up equity share capital.
- The acquisition is made in accordance with the Resolution Plan approved by the National Company Law Tribunal, Mumbai Bench.
- The transaction is valued at INR 25,00,00,000/- (Indian Rupees Twenty-Five Crores only).
- The acquisition is disclosed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.