ASG Hospital Private Limited has acquired Sharp Sight Laser Centre Private Limited and its subsidiary, by signing a ₹450 crore non-binding merger agreement.
Samir Sud, the founder of Sharp Sight Eye Hospitals, along with the company’s management team, will receive shares of ASG in exchange for their current shareholdings in Sharp Sight as part of the agreement.
JSA Advocates & Solicitors advised ASG Eye Hospital and its affiliates on this acquisition.
The transaction team was led by Siddharth Mody (Partner), with support from Anurag Shrivastav (Partner), Niharika Rao (Principal Associate), Associates Ayush Chaturvedi, Atul Mohta and Prakhar Jain.
Last year, JSA had advised ASG Eye Hospital on acquiring a majority stake in Vedanta Eye Hospital.
ASG had also acquired a majority stake in Dr. Gadgil Eye Hospital.
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