Osel Devices unit adds 4 centres in West Bengal partnership
SFL Hearing Solutions, a step-down subsidiary of Osel Devices Limited, partnered with Petals Healthcare LLP to add four new centres, expanding its total network to 41 operational hearing care centres. This strategic collaboration strengthens SFL's presence in West Bengal by leveraging Petals Healthcare's existing infrastructure to provide comprehensive audiology services.

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SFL Hearing Solutions Private Limited, a step-down subsidiary of Osel Devices Limited , has entered into a strategic partnership with Petals Healthcare LLP to expand its hearing care network across West Bengal. The collaboration will add four new centres to SFL's existing network of 37 operational hearing care centres, increasing the total footprint to 41 centres. This expansion marks the initial phase of the collaboration, with opportunities to progressively expand the network through additional polyclinics at mutually agreed locations.
Petals Healthcare LLP operates healthcare establishments, including polyclinics, and possesses the necessary infrastructure, premises, operational expertise, and licenses required for establishing and operating healthcare facilities. By combining SFL's expertise in advanced audiology with Petals Healthcare's operational capabilities, the partnership aims to improve accessibility to quality hearing care while supporting SFL's long-term expansion into new geographies.
Through the newly established centres, SFL will provide comprehensive hearing healthcare solutions. These services include hearing assessments, hearing aid fitting, calibration, after-sales support, and other specialized audiology services. The strategic partnership is expected to strengthen the Osel Group's healthcare ecosystem and enhance SFL's operational footprint in the region.
Expansion Details
The addition of these four centres represents a strategic move to leverage established healthcare infrastructure for immediate operational commencement. The partnership-led model allows SFL to scale its network efficiently without the lead time typically associated with greenfield projects.
| Metric | Count |
|---|---|
| Existing operational centres | 37 |
| New centres added | 4 |
| Total operational centres post-expansion | 41 |
Management stated that the addition of these centres marks an important step in strengthening the company's presence in West Bengal. The collaboration provides a framework for future expansion through similar strategic partnerships, enabling SFL to improve accessibility to specialized hearing healthcare and continue delivering high-quality audiology services across new markets.
Historical Stock Returns for Osel Devices
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.90% | +7.26% | +4.20% | -12.94% | +71.28% | +132.56% |
What is the projected timeline for the second phase of expansion through additional polyclinics in West Bengal?
Will SFL pursue similar partnership-led models to enter other geographic regions outside of West Bengal?
What are the financial targets or revenue contributions expected from these four new centres in the upcoming fiscal year?



























