Park Medi World Limited has successfully acquired Febris Multi-speciality Hospital in Narela, New Delhi, through its wholly-owned subsidiary Blue Heavens Healthcare Private Limited. The acquisition, valued at ₹50.68 crores, was completed through the corporate insolvency resolution process.

Acquisition Details

The transaction involved acquiring 100% shareholding in Durha Vitrak Private Limited, which owns and operates Febris Multi-speciality Hospital. The acquisition was structured as a cash transaction through the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

Hospital Infrastructure and Capacity

Febris Multi-speciality Hospital is designed as a 200-bed multi-speciality healthcare facility constructed over 1,10,000 square feet of covered area. The hospital is strategically located in Narela, New Delhi, providing easy accessibility from districts in Haryana and Uttar Pradesh, particularly rural areas.

The target entity, Durha Vitrak Private Limited, was incorporated on August 1, 1986, with its registered office at Plot No. 20, Sector A-7 Narela, Delhi. The company has an authorized capital of ₹10 crores and paid-up capital of ₹10 lakhs. However, the entity was under corporate insolvency resolution process and remained non-operational since 2019, resulting in no revenue generation in the last three years.

Strategic Impact and Objectives

The acquisition aligns with Park Group's cluster-based growth model and expansion strategy. Located in the densely populated area of Narela, the facility is positioned to bridge the healthcare gap for low-income families by providing dependable, high-quality medical services at affordable rates.

Dr. Ankit Gupta, Managing Director of Park Medi World Limited, stated that the acquisition reinforces the company's commitment to making affordable, world-class healthcare accessible across the Northern Region. The hospital will strengthen the regional network while upholding the group's mission of wellness for all.

Company Background

Park Group operates as North India's second-largest hospital chain, currently managing 14 hospitals with a combined capacity of 3,250 beds. The group has established presence across key cities including Delhi, Gurgaon, Faridabad, Panipat, Karnal, Sonipat, Ambala, Mohali, Patiala, Bathinda, Behror, and Jaipur.

The healthcare services span multiple super-specialities including cardiology, neurology, oncology, orthopaedics, gastroenterology, critical care, nephrology, and women and child health. Each facility is equipped with modern medical infrastructure, advanced diagnostics, 24x7 emergency support, and multi-disciplinary teams delivering evidence-based care.

Regulatory Compliance

The acquisition disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction does not fall within related party transactions, and promoter/promoter group/group companies have no interest in the entity being acquired.

Park Medi World Limited has received board approval for its strategic acquisition of KP Institute of Medical Sciences (KPIMS) in an all-cash transaction valued at ₹245 crores. The board meeting held on December 19, 2025, from 8:00 a.m. to 9:10 a.m., formally approved the acquisition of the entire shareholding of the Agra-based healthcare facility, marking a significant expansion in the company's North India operations.

Board Meeting Outcome

The company's board of directors has officially sanctioned the acquisition under SEBI Listing Regulations, with the transaction involving two target entities - KPS Wellness Private Limited and SVPD Healthcare Private Limited. Both entities operate KP Hospital located near St. Johns crossing, Bagh Muzaffar Khan Road, Agra.

Strategic Healthcare Expansion

The acquisition adds a 360-bed multi-super specialty hospital to Park Medi World's network, representing one of the biggest healthcare facilities in the Agra region. Since its launch in 2023, KPIMS has established itself as a prominent multi-specialty provider for Agra and neighboring areas, holding NABH accreditation and offering comprehensive super-specialty services with inclusion in major insurance and government schemes.

Dr. Ankit Gupta, Managing Director of Park Medi World Limited, emphasized that this integration significantly strengthens their regional presence and aligns with their cluster-based growth strategy. The acquisition supports the vision of Chairman Dr. Ajit Gupta for accessible, quality, and affordable healthcare for everyone.

Financial Performance Overview

The target entities have demonstrated strong revenue growth over recent years:

Market Positioning and Growth Strategy

Park Group, recognized as North India's second-largest hospital chain, currently operates 14 hospitals with a combined capacity of 3,250 beds. With this acquisition and six additional hospitals under various stages of execution adding 1,650 beds, the group's total bed capacity will reach 5,260 beds by March 2028. The company maintains a strong presence across key cities including Delhi, Gurgaon, Faridabad, Panipat, Karnal, Sonipat, Ambala, Mohali, Patiala, Bathinda, Behror, and Jaipur.

Upon consummation of the transaction, both target entities will become wholly-owned subsidiaries of Park Medi World Limited, with the facility's excellent location making it a critical hub for delivering consistent, patient-focused healthcare across the region.