HealthCare Global Enterprises Limited executed a Share Purchase Agreement to divest its entire equity stake in BACC Health Care Private Limited to Inviga Healthcare Fund I for INR 37.64 crore.
BACC contributed 4.45% to HCG's standalone revenue and 1.09% to net worth in FY25-26, and is not a material subsidiary or core business.
The transaction is a related party transaction as the buyer's sponsor is HCG's promoter, but was conducted at arm's length through competitive bidding and independent valuation.
Consideration includes INR 28.23 crore upfront payment and INR 9.41 crore deferred payment within 18 months, with board and audit committee approval obtained on May 19, 2026.