Date: September 11, 2026

Transaction Overview

Vijaya Diagnostic Centre Limited has executed a Business Transfer Agreement (BTA) for the 100% acquisition of the integrated diagnostic business undertaking of Arya Wellness Centre, Guwahati, Assam on a slump sale basis from NEMRIL HRPL JV (North Eastern Medical Research Institute Limited – Hexagon Research Private Limited JV). This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Acquisition Target Business Overview

  • Leading B2C focused integrated diagnostic centre in Guwahati, Assam serving entire North-East market
  • Founded in 2021 as a Joint Venture/AOP between North Eastern Medical Research Institute Ltd. (NEMRIL) and Hexagonal Research Pvt. Ltd. (HRPL)
  • Operates under the brand "Arya Wellness Centre" from a single, well-equipped facility strategically located on GS Road, Guwahati's key healthcare hub
  • Supported by a central reference laboratory
  • Business Mix: Advanced Radiology: 35%, Basic Radiology: 9%, Advanced Pathology: 16%, Basic Pathology: 40%
  • 85%+ business comes from B2C due to strong pedigree of doctors both in pathology and radiology

Financial Highlights

  • The acquisition is EPS accretive right from the onset
  • Maintains focus on capital efficiency and return thresholds
  • Healthy financials with approximately 80% Gross Margin and approximately 21% EBITDA margin

Strategic Rationale

  • Provides established and profitable operating base in Guwahati
  • Natural extension to growing presence in West Bengal
  • Provides attractive gateway to the wider North East region
  • Immediate access to established operating platform with existing infrastructure, clinical capabilities & recognized local presence
  • Specializes in High-End Imaging, Interventional Procedures and Histopathology work with established B2C customer base
  • Located strategically at the heart of Healthcare Infrastructure of Guwahati
  • Reputed & Renowned Clinicians across pathology & radiology driving B2C business

Management Commentary

Ms. Suprita Reddy, Managing Director & CEO, Vijaya Diagnostic Centre Limited, commented: "Our entry into Guwahati represents another important milestone in Vijaya's journey towards building a high-quality integrated diagnostics platform. Guwahati is a natural strategic extension of our growing presence in West Bengal and provides us with an attractive gateway to the North-East. Arya Wellness Centre has been built on an ethos that closely aligns with Vijaya's philosophy of delivering high-quality diagnostics with a strong focus on patient experience and convenience. It is a unique asset in Guwahati with a balanced mix of advanced and basic pathology and radiology services, making it a strategically attractive asset for us. We believe this acquisition provides Vijaya with a strong platform to establish a meaningful presence in Assam and progressively expand across the North-Eastern region. Over time, we intend to build upon this base through a calibrated expansion strategy."

Future Expansion Plans

The acquisition provides Vijaya with an established operating platform in a strategically synergistic market, strengthening Eastern India presence and creating a strong foundation for expansion across the North-East.