Sarvodaya Healthcare Acquires Nayati Hospital Founded by Niira Radia via Insolvency and Bankruptcy Proceedings

Sarvodaya Healthcare Acquires Nayati Hospital in Mathura

Key Highlights:

• Sarvodaya Healthcare has acquired Nayati Hospital in Mathura through the Insolvency and Bankruptcy Code (IBC) process for a total resolution consideration of Rs.120 crore.
• Anshu Hospitals Limited, the flagship entity of Sarvodaya Healthcare, acquired the 400-bed facility, which will increase Sarvodaya's capacity to 1,200 beds.

Deal Structure:

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• Rs.100 crore will be infused into the corporate debtor to settle liabilities and repay creditors.
• Rs.20 crore will be paid for the assignment of sustainable debt and personal guarantees.
• The primary financial creditors are PNB, Union Bank of India, Yes Bank, and Canara Bank, who took a significant haircut.

Operational Timeline:

• The facility is expected to be fully operational by June 2026.
• The hospital will have departments for cardiology, oncology, neurosciences, and orthopaedics.
• Infrastructure will include 100 ICU beds, nine modular operating theatres, and round-the-clock trauma services and advanced diagnostic capabilities.

Employment and Growth:

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• Sarvodaya Healthcare projects the creation of over 1,000 direct jobs within the next three to four years.
• The group has a total workforce of over 5,500 professionals and 29 state-of-the-art operating theatres across the group.
• Sarvodaya Healthcare plans further investments in medical technology upgrades, including AI-enabled surgical systems and advanced radiation therapy, to bring metropolitan-standard care to Western UP.