Nishkala Healthcare acquires Navi Mumbai's Suasth Hospital under IBC process

Nishkala Healthcare acquired Suasth Healthcare Foundation's 400-bed hospital in Navi Mumbai for Rs 189 crore under IBC. Funded through Rs 73 crore in equity and bank loans, the purchase follows the hospital's admission into insolvency. Nishkala aims to enhance the hospital’s value and expand into medical education.

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