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Informist, Thursday, Jun. 25, 2026

 

--RPSG Ventures board approves complete acquisition of Clarionix Healthcare 

--RPSG Ventures board OKs to transfer hospital, nursing ops to Clarionix 

--RPSG Ventures board OKs to merge Woodlands Multispeciality Hospital with co 

 

NEW DELHI – RPSG Ventures Ltd.'s board has approved restructuring of its nursing and hospital business, where the group entity Woodlands Multispeciality Hospital Ltd. will sell the business to newly incorporated Clarionix Healthcare Pvt. Ltd. Clarionix, a wholly-owned subsidiary of RPSG Ventures, will buy Woodlands' business on a slump sale basis for INR 4 billion, according to an exchange filing Thursday.

 

Further, Woodlands Multispeciality will be merged into RPSG Ventures, and subsequently, Woodlands will be dissolved. As part of the merger, RPSG Ventures will issue 500 optionally convertible redeemable preference shares for every one equity share held in Woodlands Multispeciality. Post-merger, every 500 preference shares will be converted into five equity shares of RPSG Ventures within 18 months of allotment of preference shares. After the 18-month deadline, the preference shares will carry a 6% per annum coupon and be redeemed at par after 6.5 years. The preference shares will not be listed on stock exchanges.

 

Clarionix, incorporated in May, has no turnover yet and it was set up to undertake healthcare-related businesses, including hospitals, nursing homes, blood banks, and other medical facilities.

 

The restructuring will bring the healthcare business under a listed platform, improve access to capital for future expansion, provide dedicated management focus to the hospital business, ring-fence healthcare operations from its other businesses, and create flexibility to induct strategic or financial investors at the subsidiary level, the exchange filing said. Carrying out the restructuring through a single scheme will ensure continuity of hospital licences, registrations, and contracts without disrupting operations, it said.

 

Woodlands Multispeciality Hospital reported revenue from operations of INR 2.50 billion in 2025-26 (Apr-Mar). It had total assets of INR 4.58 billion and a net worth of INR 3.27 billion as on Mar 31. 

 

For the March quarter, RPSG Ventures reported consolidated net loss of INR 575 million on revenues of INR 29.27 billion. Thursday, the company's shares ended at INR 889.75 on the National Stock Exchange, up 3.7% from the previous close.   End

 

Reported by Gunjan Rajput and Anshul Choudhary

Edited by Saji George Titus

 

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