Gaudium IVF & Women Health has secured board approval to establish Gaudium Women Hospital in Lucknow, Uttar Pradesh, through a long-term arrangement with property owners. The project entails an estimated cost of ₹15,00,00,000 for development, construction, fit-outs, and medical infrastructure, marking a significant expansion in the company's healthcare footprint.

Board-Approved Expansion

The board approved the proposal for the establishment, development, operation, and management of the facility at a meeting held on June 25, 2026. The agreement involves a land lease arrangement with Mrs. Abhilasha Singh and M/s. Abhilasha Enterprises, who are not related to the promoter or promoter group.

Key Financial and Operational Details

The project is structured around a 30-year lease with a 15-year lock-in period. The financial terms include a revenue-sharing model and a security deposit.

The company will pay the landowner 10% of the net revenue generated from the hospital monthly, plus applicable taxes. A security deposit of ₹3,00,00,000 will be adjusted against the revenue share payable until fully recovered by the company. Upon full recovery, the company will pay the landowner's revenue share on a monthly basis.

Gaudium IVF and Women Health Limited has disclosed that its promoters and promoter group have not created any encumbrance over the company's shares during the financial year ended March 31, 2026. This declaration, submitted to the stock exchanges on April 06, 2026, confirms that no shares held directly or indirectly by the promoters were pledged or otherwise encumbered in FY26.

The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dr. Manika Khanna, a promoter of the company, confirmed that neither the promoters, the promoter group, nor any persons acting in concert had made any encumbrance over the shares during the specified period.

The filing identified the individuals and entities that constitute the promoter and promoter group. The list includes three promoters and ten members of the promoter group, comprising individuals and private limited companies associated with the founders.

Promoter and Promoter Group Details

The following table outlines the members of the promoter and promoter group as per the disclosure:

The document was signed by Naveen Kumar, Company Secretary and Compliance Officer of Gaudium IVF and Women Health Limited. The company requested the exchanges to place the information on record.