Open offer for HealthCare Global Enterprises equity shares announced

Kotak Mahindra Capital Company, as the Manager to the Offer, has announced an open offer to acquire up to 37,090,327 fully paid-up equity shares of HealthCare Global Enterprises, representing 26% of the expanded voting share capital. The offer price is INR 504.41 per equity share, payable in cash. The tendering period is scheduled to commence on July 21, 2025, and close on August 1, 2025.

This open offer is being made by Hector Asia Holdings II Pte. Ltd., along with Hector Asia Holdings I Pte. Ltd., KKR Asia IV Fund Investments Pte. Ltd., and KIA EBT II Scheme 1. The Acquirer and PACs have appointed Kotak Securities Limited as the registered broker for the offer.

The offer is a mandatory one following the Acquirer and PAC 3's acquisition of shares and control in HealthCare Global Enterprises. Shareholders are advised to consult with their brokers and review the offer documents available on the SEBI website for further details and tax implications.