Investment17 Sept 2026, 05:11 pm
Yatharth Hospital to raise ₹3150 Cr via preferential issue
AI Summary
Yatharth Hospital & Trauma Care Services Ltd announced board approval for significant corporate actions including an increase in authorized share capital from INR 115 Cr to INR 150 Cr. Additionally, the company plans a preferential issue to Rasmalai Limited, a Cyprus-based entity, for up to INR 3,150.00 Cr. This will involve issuing equity shares and warrants, representing a minority investment of 24.87% on a fully diluted basis. The transaction is subject to shareholder and regulatory approvals.
Key Highlights
- Authorized share capital to increase from INR 115 Cr to INR 150 Cr.
- Preferential issue to Rasmalai Limited for up to INR 3,150.00 Cr.
- Issuance of equity shares and warrants at INR 985.17 per security.
- Proposed transaction represents a 24.87% minority stake.
- Subject to shareholder and regulatory approvals.
Price Impact
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