Acquisitions18 Mar 2026, 03:33 pm
Ananta Medicare Acquires 55% Stake in Cian Healthcare for INR 13.75 Crores
AI Summary
Ananta Medicare Limited has acquired 1,37,50,000 equity shares of Cian Healthcare Limited at a face value of INR 10/- each, amounting to INR 13,75,00,000. This acquisition was made via allotment in the Board Meeting dated March 16, 2026, and is pursuant to the provisions of the Resolution Plan approved by the Hon'ble National Company Law Tribunal (NCLT) on December 18, 2025. The acquisition falls under the exemption provided in Regulation 10(1)(da) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Ananta Medicare acquired 1,37,50,000 equity shares of Cian Healthcare for INR 13,75,00,000
- The acquisition was made pursuant to the NCLT-approved resolution plan
- The transaction falls under the exemption provided in Regulation 10(1)(da)
- Post-transaction, Ananta Medicare holds 55% of Cian Healthcare's share capital