Mumbai, Sept. 17 -- Global private equity firm Advent International will invest Rs.3,150 crore in Yatharth Hospital and Trauma Care Services Ltd for a 24.9% stake in the company, the companies said in a statement on Thursday.

The Tyagi Family, the promoter of Yatharth Hospital, will remain its largest shareholder post-transaction, the statement added.

Shares of the company surged on the exchanges following the news and were trading around Rs.1,068.50 on the BSE, up 8.7% from the previous close.

"This investment underscores Advent's deep and long-standing commitment to India's healthcare sector, which we believe is entering a decade of structural growth as access expands, quality improves, and consolidation advances," said Pankaj Patwar...