Date: July 29, 2026

Acquisition Details

Target Entity: Super Prime Medical Care LLP

Type of Deal: Acquisition of majority partnership interest (64%)

Stake/Capacity: 64% partnership interest and corresponding capital contribution. The target operates a 70-bed hospital with planned capacity augmentation of approximately 30 additional beds.

Deal Value: Aggregate consideration of ₹19.84 Crore, subject to adjustments in accordance with transaction documents.

Funding Source: Internal accruals

Financial Impact: The target LLP reported unaudited provisional turnover of ₹9.44 Crore for financial year ended March 31, 2026. Previous year turnover was ₹3.75 Crore (FY 2024-25). The acquisition is expected to strengthen the Company's overall business operations and enhance long-term shareholder value.

Timeline: Expected completion on or before August 31, 2026

Strategic Rationale:

  • Acquires a running children's hospital at Nellore, Andhra Pradesh promoted by leading doctors
  • Strengthens Hub and Spoke Model in Andhra Pradesh State
  • Augments hospital capacity by approximately 30 beds to support expansion of gynaecology, obstetrics and perinatal services
  • Establishes strong regional network spanning Visakhapatnam, Vijayawada, Rajahmundry, and Nellore with 429 beds across four hospitals
  • Improves patient accessibility, strengthens referral pathways, and supports sustainable long-term growth in the region

Approval Status: Transaction executed via Partnership Interest and Contribution Transfer Agreement, subject to fulfilment of conditions precedent and completion of customary closing formalities

Reference Regulation: SEBI Regulation 30 of Listing Obligations and Disclosure Requirements Regulations, 2015

Capacity Addition Details

Existing Capacity: 2,435 beds

Existing Capacity Utilization: 46.3%

Proposed Capacity Addition: Incremental capacity of 70 beds through establishment of children's hospital at Nellore, Andhra Pradesh

Commissioning Timeline: Expected by 31st August 2026, subject to receipt of necessary approvals and completion of construction/development activities

Investment Required: Approximately ₹19.84 Cr

Mode of Financing: Internal Accruals