Yatharth Hospital & Trauma Care Services Limited on Tuesday announced that its board has approved the acquisition of a hospital asset in Gurugram from RNY Healthcare Services Private Limited for ₹100 crore.
The company disclosed in an exchange filing that the acquisition pertains to land measuring around 1.30 acres along with a building for a hospital project located in Sector 40, Gurugram, Haryana.
According to the filing, the acquisition is being carried out on an “as-is-where-is” basis and is aimed at strengthening the presence of Yatharth Hospitals in the Delhi-NCR region.
The proposed hospital asset has the potential to accommodate nearly 250 beds, with additional capex planned for medical equipment and related infrastructure.
The company said the transaction would be completed within 45 days and would be undertaken through cash consideration. Yatharth Hospitals will acquire 100% control over the identified hospital asset.
The filing further clarified that the acquisition does not fall under related-party transactions and that no promoter or promoter group entity has any interest in the target asset.
Yatharth Hospitals also noted that no governmental or regulatory approvals are required for the acquisition.
The move comes as hospital operators continue expanding capacity across key urban healthcare markets amid rising demand for quality tertiary and multi-speciality healthcare services.
Yatharth Hospitals currently operates multiple healthcare facilities across Delhi-NCR, including hospitals in Noida, Greater Noida, Faridabad and other nearby regions. The company has been focusing on expanding its footprint in North India through both brownfield and inorganic opportunities.
The Gurugram acquisition is expected to further strengthen the company’s position in one of the fastest-growing healthcare markets in the NCR region.