Kauvery Hospitals' promoters look to buy back 5% stake from Lightrock

Kauvery Hospitals' leadership is engaged in discussions to repurchase shares from the investor Lightrock, with the valuation of the healthcare chain set at ₹5,000 crore. Anticipating a public offering in the next two years, the group is poised to ramp up its bed capacity significantly. The primary goal for the promoters is to reclaim a stronger stake in their enterprise.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/RuNktyQ
via IFTTT