Acquisitions11 Sept 2026, 07:50 pm
Vijaya Diagnostic Centre to acquire Arya Wellness Centre for ₹46.2 Cr
AI Summary
Vijaya Diagnostic Centre Ltd announced its Board of Directors has approved the acquisition of the integrated diagnostic business undertaking of Arya Wellness Centre from NEMRIL HRPL JV for a cash consideration of ₹46.20 Crores. The acquisition, structured as a slump sale, is expected to be completed within 90 days and is part of the company's strategy to expand its diagnostic business into Assam and strengthen its presence in North-East India. The target business had a turnover of ₹26.95 Crores in FY 2025-26. This transaction does not involve related parties.
Key Highlights
- Vijaya Diagnostic Centre to acquire Arya Wellness Centre's diagnostic business.
- Acquisition value set at ₹46.20 Crores via slump sale.
- Deal aims to expand presence in North-East India, specifically Assam.
- Target business reported ₹26.95 Crores turnover in FY26.
- Transaction is a cash consideration and not a related party deal.
Price Impact
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