Nephrocare Health Services Limited
Overseas Subsidiary Acquires Dialysis Center Assets in Philippines
Main Body:
Nephrocare Health Care Services, Philippines Inc., an overseas step-down wholly-owned subsidiary of Nephrocare Health Services Limited, has entered into an Asset Transfer Agreement (ATA) dated June 09, 2026 with Amica Healthcare System Corporation for the acquisition of identified assets relating to a dialysis center located at Dona Soledad, Don Bosco, Paranaque City, Philippines.
Key Transaction Details:
- Total Consideration: PhP 32,640,000 (Philippine Pesos Thirty-Two Million Six Hundred Forty Thousand Only)
- Execution Date: June 09, 2026
- Parties Involved: Purchaser - Nephrocare Health Care Services, Philippines Inc. (wholly-owned subsidiary); Seller - Amica Healthcare System Corporation
- Nature of Transaction: Acquisition of dialysis center assets pursuant to Asset Transfer Agreement
- Regulatory Framework: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Additional Information:
- The transaction does not constitute a related party transaction
- The transaction is conducted at arm's length basis
- There are no special rights attached to the agreement (no right to appoint directors, first right to share subscription, or right to restrict capital structure changes)
- No shareholding exists between the parties prior to this transaction
- The Purchaser is an overseas step-down wholly-owned subsidiary of the Company, while the Seller is not related to the promoter/promoter group/group companies
Disclosure Status:
- The information has been disclosed to BSE Limited and National Stock Exchange of India Limited
Other Key Announcements:
No additional material announcements unrelated to this asset acquisition are disclosed in this filing.