Promoter Neena Tyagi sells nearly 6% stake in Yatharth Hospital for Rs 404 crore

Bulk Deals on November 28

Promoter Neena Tyagi has offloaded nearly 6 percent equity stake in Yatharth Hospital & Trauma Care Services for Rs 404 crore via open market transactions on November 28.

The stock, perhaps, reacted to a big chunk of share sale by the promoter, falling sharply by 8.32 percent to Rs 707.8 and closing decisively below all key moving averages.

Neena Tyagi sold 56.33 lakh shares (equivalent to 5.8 percent of paid-up equity) in Yatharth Hospital, the hospital chain based in North India founded by Ajay Kumar Tyagi and Kapil Kumar in 2008, for Rs 403.93 crore.

These shares were sold at a price of Rs 716.98 per share. As of September 2025, she held 6.47 percent stake in the company of total promoters shareholding of 61.64 percent.

However, Kotak Mahindra Mutual Fund, and Carnelian Asset Management & Advisors were buyers for some its shares sold by the promoter.

Kotak Mahindra Mutual Fund has bought additional 8 lakh shares (0.83 percent stake) in Yatharth Hospital for Rs 57.5 crore at a price of Rs 719.37 per share, and Carnelian Asset Management & Advisors picked up 5.5 lakh shares (0.57 percent stake) for Rs 39.7 crore at Rs 721.89 per share.

Kotak Mahindra Trustee Company through Kotak Multicap Fund owned 3.96 percent stake in the company as of September 2025.