Investment30 Mar 2026, 03:58 pm
HealthCare Global Enterprises Ltd Approves Investments in HCG NCHRI Oncology LLP and Vizag Hospital for up to INR 98 Crore and INR 155.66 Crore Respectively
AI Summary
HealthCare Global Enterprises Ltd announced the approval of investments in two of its subsidiaries, HCG NCHRI Oncology LLP and Vizag Hospital and Cancer Research Centre Pvt Ltd. The company will invest up to INR 98 Crore in HCG NCHRI Oncology LLP and up to INR 155.66 Crore in Vizag Hospital. The investment in Vizag Hospital includes the acquisition of an additional 34% stake in the equity share capital of the hospital directly from the selling shareholders.
Key Highlights
- HealthCare Global Enterprises Ltd to invest up to INR 98 Crore in HCG NCHRI Oncology LLP
- The company will also invest up to INR 155.66 Crore in Vizag Hospital and Cancer Research Centre Pvt Ltd
- The investment in Vizag Hospital includes the acquisition of an additional 34% stake in the hospital
- HCG NCHRI Oncology LLP operates a 74-bedded cancer care centre in Nagpur
- Vizag Hospital and Cancer Research Centre Pvt Ltd is a subsidiary of HealthCare Global Enterprises Limited