Yatharth to acquire Shantived Hospital in Agra, India

Core Insights - Yatharth Hospital & Trauma Care Services has signed an agreement to acquire Shantived Hospital in Agra for Rs2.6 billion ($29 million) in an all-cash transaction, leading to a 3.86% increase in the company's shares [1][2] - The acquisition aligns with Yatharth's strategy to capitalize on the growing demand for healthcare in Tier-II cities like Agra, enhancing its network to eight hospitals with over 2,500 beds [2][3] Financial Performance - Shantived Hospital reported revenues of approximately Rs500 million in FY2025, with a current occupancy rate of 35% [2] - The facility, which covers around 165,000 square feet, was inaugurated in February 2021 and is NABH-accredited, making it eligible for government health schemes and insurance [2] Strategic Importance - The acquisition strengthens Yatharth's presence in Uttar Pradesh and positions it as a leader in integrated healthcare in North India [3] - The new facility aims to serve a large population in Agra, which has been underserved in terms of advanced super-specialty care, and will also facilitate patient referrals for oncology and organ transplants to Yatharth's established hospitals in the NCR region [4]