Key Transaction Details
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 dated September 14, 2026 with Renal One Dialysis Corp.
Acquisition Particulars
- Assets Acquired: Identified assets relating to a dialysis center located at Unit 6, Rockca Commercial Complex, Brgy. Tabang, Plaridel, Bulacan, Philippines
- Total Consideration: PhP 67,200,000 (Philippine Pesos Sixty-Seven Million Two Hundred Thousand only)
- Equivalent INR Value: Approximately INR 10.25 crores
- Exchange Rate: 1 PHP = INR 1.5248
Parties Involved
- Purchaser: Nephrocare Health Care Services, Philippines Inc. (overseas step-down wholly-owned subsidiary of the Company)
- Seller: Renal One Dialysis Corp
Relationship Status
- Purchaser is an overseas step-down wholly owned subsidiary of Nephrocare Health Services Limited
- Seller is not related to promoter/promoter group/group companies
- Transaction does not qualify as a related party transaction
- Transaction is not done at "arm's length" (as per disclosure response)
Special Terms
There are no special rights such as right to appoint directors, first right to share subscription, or right to restrict any change in capital structure as per the agreements.
Additional Information
- No shareholding exists in the entity with whom the agreement is executed
- No issuance of shares involved in the transaction
- No loan agreements or outstanding loans related to this transaction
- No termination or amendment of agreement applicable at this time