Sangani Hospitals Limited (NSEI:SANGANI) entered into Memorandum of Understanding to acquire Aashirvad Hospital on March 7, 2024. As part of MOU terms Sangani Hospitals Limited agrees to acquire Aashirvad Hospital, including all its assets, liabilities, and operational facilities. Sangani Hospitals Limited agrees to take responsibility for the planning, development, and installation of the necessary indoor facilities required for the improvement and expansion of services at Aashirvad Hospital.

The Parties agree that the newly established indoor facilities will be managed by Dr. Dholiya. Sangani Hospitals Limited shall be entitled to receive the practice amount, which includes remuneration for services provided to both outdoor and indoor patients.