Bijoy Hans Ltd has signed a Share Purchase Agreement to acquire the entire stake in Health Secure Hospitals Pvt Ltd for ₹29.4 crore through a mix of cash and share swap. The acquisition aims to expand its healthcare service portfolio, leverage synergies, and strengthen its market presence in hospital management services.
Bijoy Hans Ltd announced its acquisition of Health Secure Hospitals Pvt Ltd (HSHPL) through a Share Purchase and Share Swap Agreement valued at ₹29.4 crore. The deal involves ₹10 crore in cash and the remainder through the swap of equity shares, enabling Bijoy Hans to obtain full ownership of HSHPL.
This strategic acquisition marks Bijoy Hans’ entry into comprehensive healthcare services. HSHPL, incorporated in 2021 and headquartered in Karnataka, operates hospital and diagnostic facilities across multiple specialties with a mission to deliver affordable and high-quality healthcare.
Through this takeover, Bijoy Hans Ltd aims to expand its operational footprint, leverage talent, achieve cost efficiency, and integrate advanced healthcare technology. The acquisition is expected to enhance service diversity, strengthen the company’s healthcare segment, and improve long-term profitability.
As per the disclosure under Regulation 30 of SEBI (LODR) Regulations, the deal does not involve any related party transaction and requires no governmental approval. The company anticipates completion within the next 12 months, subject to customary closing conditions.
Key Highlights
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Acquirer: Bijoy Hans Ltd
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Target: Health Secure Hospitals Pvt Ltd (Incorporated 2021, Karnataka-based)
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Industry: Healthcare and hospital management
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Consideration: ₹29.4 crore (₹10 crore cash + balance via share swap)
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Shareholding acquired: 100%
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Turnover FY25: ₹1.37 crore | Net Loss: ₹40,204
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Objective: Expansion of services, new market access, and operational synergies
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Completion timeline: Within 12 months
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Regulatory approvals: Not required
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Related party transaction: No
Source: Company filing to BSE under Regulation 30 of SEBI (LODR) Regulations dated November 7, 2025.