Marengo Asia Hospitals aims to raise ₹500 cr via 10% stake sale

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Marengo Asia Hospitals is seeking to raise ₹500 crore by selling a 10% stake, valuing the company at approximately ₹5,000 crore. The hospital chain, backed by Samara Capital and promoter families of Godrej and Havells India, operates eight hospitals across multiple regions. The funds will be used to further expand its network through acquisitions.