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Corporate News

Yatharth Hospital secures strategic investment from Rasmalai Limited, an Advent International affiliate
15-Oct-2026, 05:20

Yatharth Hospital & Trauma Care Services Limited convened an Extra-Ordinary General Meeting (EGM) on Thursday, October 15, 2026, where members approved a strategic investment by Rasmalai Limited, an affiliate of Advent International, through a preferential issue of equity shares and warrants. Mr. Yatharth Tyagi, Whole-time Director, welcomed members and highlighted the investment’s potential to accelerate growth, strengthen the company’s financial position, and create long-term value for shareholders, with the proceeds to be utilized for growth and governance-related matters. The resolutions included increasing the authorized share capital, issuing subscription securities, adopting amended articles of association, and approving an upside share arrangement.