Park Medi World Limited has announced a revision in the launch schedule for its upcoming hospital facility in Panchkula. The company filed a regulatory disclosure on March 27, 2026, informing stock exchanges about the updated timeline for this significant healthcare infrastructure development.

Revised Launch Timeline

The healthcare company has postponed the launch of its Panchkula Hospital from the originally planned date to a new schedule. The announcement represents an adjustment to previously communicated plans for the facility's operational commencement.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and developments that could impact investor decisions.

The communication was signed by Abhishek Kapoor, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed in the announcement.

Corporate Information

Park Medi World Limited, formerly known as Park Medi World Private Limited, operates under the Park Group of Hospitals brand. The company maintains its corporate office in Gurugram, Haryana, and is listed on both major Indian stock exchanges with specific trading symbols for investor identification.

Park Medi World Limited has successfully completed the acquisition of 100% stake in SVPD Healthcare Private Limited on March 20, 2026, making it a wholly owned subsidiary of the company. This development represents a significant milestone in the company's strategic expansion plan to acquire the 360-bed KP Institute of Medical Sciences (KPIMS) in Agra.

Acquisition Timeline and Progress

The acquisition forms part of Park Medi World's broader strategy to acquire KPIMS through the purchase of two target entities. The company had previously announced the completion of its acquisition of K P S Wellness Private Limited on January 30, 2026, marking the first phase of this strategic initiative.

Strategic Acquisition Details

The acquisition of SVPD Healthcare Private Limited represents the completion of one of the two target entities identified for the KPIMS acquisition strategy. Through this transaction, Park Medi World has secured 100% shareholding control, establishing SVPD Healthcare as a wholly owned subsidiary.

Regulatory Compliance and Disclosure

The company has maintained full regulatory compliance throughout the acquisition process, providing timely updates under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows previous announcements made on December 19, 2025, January 30, 2026, and February 26, 2026.

The completion of this acquisition brings Park Medi World closer to its objective of acquiring the entire 360-bed KP Institute of Medical Sciences facility in Agra. With both target entities now under its control, the company has positioned itself to leverage the expanded healthcare infrastructure and strengthen its presence in the medical services sector.

The transaction required no specific governmental or regulatory approvals, facilitating a smooth completion process. Park Medi World has confirmed that all relevant details have been disclosed in accordance with SEBI regulations and the information will be made available on the company's website at www.parkhospital.in .