Park Medi World Limited has incorporated a step-down subsidiary, Healplus Medical Services Private Limited, effective May 20, 2026. The new entity is classified as a wholly-owned subsidiary of Park Medicenters and Institutions Private Limited, which is itself a subsidiary of the company. The incorporation was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ownership and Structure

The company holds an 81.81% equity shareholding in Park Medicenters and Institutions Private Limited. Consequently, the newly formed Healplus Medical Services Private Limited is a wholly-owned subsidiary of this intermediate entity. The transaction does not involve any interest from the promoter, promoter group, or other group companies beyond the structure described above.

Financial and Operational Details

The consideration for the acquisition involves the infusion of subscribed share capital in cash by Park Medicenters and Institutions Private Limited along with its nominee. The cost of acquisition for the shares is INR 0.01 crore. The step-down subsidiary will focus on healthcare services, aiming to diversify and expand the current business operations of the parent entity.

Business Objectives

The primary object of Healplus Medical Services Private Limited is to establish and carry on the business of retail and wholesale distribution, trading, and import of pharmaceuticals, medicines, drugs, and medical and surgical goods. Additionally, the entity will deal in orthopaedic goods, healthcare products, cosmetic products, and personal care products through outlets, pharmacies, or other lawful modes. As the entity was recently incorporated on May 20, 2026, turnover details for the last three years are not applicable.

Park Medi World Limited has notified the stock exchanges of scheduled investor meetings to be held in May 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on May 18, 2026, and covers two separate physical meetings organised by leading securities firms.

Investor Meeting Schedule

The company's management will participate in group and one-on-one investor interactions with two organizers over the course of the month. The details of the scheduled meetings are as follows:

Both meetings are scheduled to begin at 10:00 a.m. onwards and will be held in a physical format, facilitating direct engagement between the company's management and the investor community.

Disclosure and Compliance Details

The filing was submitted to BSE Limited and the National Stock Exchange of India Limited in accordance with the applicable listing regulations. Park Medi World Limited has clarified that the schedule is subject to changes due to any exigencies on the part of investors or the company.

The company has also explicitly stated that its representative does not intend to discuss any unpublished price-sensitive information during these meetings, ensuring compliance with applicable regulatory norms. The disclosure has additionally been made available on the company's official website at https://www.parkhospital.in/ .

The filing was signed by Abhishek Kapoor, Company Secretary and Compliance Officer, on behalf of Park Medi World Limited.