Key Details

Symbol (NSE): KIMS

Corporate Action

Merger/Amalgamation of wholly-owned subsidiary with holding company

Record Date

Not Specified

Nature of Scheme

Amalgamation between wholly-owned subsidiary and holding company

Entities Involved

Transferor Company: KIMS Hospitals Private Limited (wholly-owned subsidiary)

Transferee Company: Krishna Institute of Medical Sciences Limited (holding company)

Demerged Company

Not Applicable (this is a merger, not demerger)

Resulting Company

Krishna Institute of Medical Sciences Limited (existing listed entity)

Share Entitlement Ratio

No share exchange ratio applicable. The Transferor Company is the wholly-owned subsidiary of Transferee Company, hence no cash consideration or issue of new shares involved under the scheme.

Implied Capital Structure Impact

Not Specified (no change in share capital structure disclosed)

Post-Allotment Listing Plan

No new listing required as the resulting entity is the existing listed company Krishna Institute of Medical Sciences Limited.

Regulatory and Approval Status

Board Approval: Obtained on 04th November, 2026

Audit Committee Recommendation: Received

NCLT Approval: Not yet obtained (pending)

Shareholder Approval: Not yet obtained (pending)

SEBI/Stock Exchange Observations: Compliance with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Effective Date

Not Specified

Financial Rationale

  • Simplification of the group corporate structure and elimination of multiple legal entities
  • Achieving operational and administrative efficiencies by pooling resources and management functions
  • Optimizing utilization of assets, reduction in statutory compliances, and cost savings
  • Strengthening the consolidated financial position and enhancing shareholder value
  • Enabling focused management and unified decision-making

Impact on Shareholders

Shareholding Pattern: No change in shareholding pattern of the Transferee Company

Ownership Structure: Simplified corporate structure

Listing Benefits: No change as resulting entity remains listed

Financial Details of Entities

KIMS Hospitals Private Limited (Transferor Company):

  • Paid-up Capital: 6,59,99,999 Equity Shares of ₹10 each amounting to ₹65,99,99,990
  • Turnover as on 31.03.2026: Nil
  • PAT as on 31.03.2026: (₹5 million) loss

Krishna Institute of Medical Sciences Limited (Transferee Company):

  • Paid-up Capital: 42,00,06,484 Equity Shares of ₹2 each amounting to ₹84,00,12,968
  • Turnover as on 31.03.2026: ₹17,015 million
  • PAT as on 31.03.2026: ₹2,607 million