HealthCare Global Enterprises Limited (NSEI:HCG) executed business transfer agreement to acquire Oncology Business from SRJ Health Care Private Limited for INR 450 million on August 10, 2023. Consideration consists of initial consideration of INR 290 million and deferred consideration of INR 160 million. In related transaction, HealthCare Global executed agreement to acquire Radiation business from Amrish Oncology Services Private Limited. Consideration will be paid in cash. The transaction is expected to complete on Q3 of FY 2024.

HealthCare Global Enterprises Limited (NSEI:HCG) completed the acquisition of Oncology Business from SRJ Health Care Private Limited on October 4, 2023.