Park Medi World Limited has received board approval for ambitious expansion plans that will significantly enhance its healthcare infrastructure across two key locations in Punjab and Haryana. The board meeting held on March 10, 2026, commenced at 08:30 a.m. and concluded at 09:30 a.m., with decisions disclosed under Regulation 30 of SEBI Listing Regulations.

New Multispecialty Hospital Development in Panchkula

The company's board has greenlit the establishment of a new multispecialty hospital in Panchkula, located at Plot no. 1, Sector 5, MDC Urban State. This facility is scheduled to begin operations on March 29, 2026, marking a strategic expansion into the Haryana healthcare market.

The hospital is designed to cater primarily to the domestic market and will serve patients across Haryana, Punjab, Himachal Pradesh, and Chandigarh.

Mohali Facility Expansion with Substantial Investment

In parallel with the new hospital development, Park Medi World Limited has approved a substantial capacity expansion at its existing healthcare facility. The board has sanctioned the addition of 150 beds at the Grecian Super Specialty Hospital in Mohali, operated by subsidiary RGS Healthcare Limited.

Strategic Market Positioning

The dual expansion strategy will create a combined capacity of 850 beds across the Tricity region, positioning Park Medi World as the largest private healthcare network in the area. The additional bed capacity will strengthen the tertiary and quaternary care capabilities, with the Mohali facility focusing on advanced clinical capabilities in oncology, neurosciences, gastro sciences, and robotic surgeries.

These developments represent Park Medi World Limited's commitment to expanding its healthcare footprint in the northern Indian market, with comprehensive growth strategy demonstrating the company's focus on delivering technology-enabled healthcare across metropolitan and regional communities in North India.

Park Medi World Limited has announced its participation in an upcoming investor conference organized by Arihant Capital. The healthcare company disclosed this information to stock exchanges on March 02, 2026, in compliance with regulatory requirements.

Conference Details

The company's management representatives will participate in the following investor engagement:

Regulatory Compliance

Park Medi World Limited has made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has specifically noted that its representatives do not intend to discuss any unpublished price-sensitive information during the meeting.

Important Notes

The company has indicated that the conference schedule is subject to changes due to any exigencies on the part of investors or the company itself. This disclosure has also been made available on the company's official website at www.parkhospital.in for public access.

The announcement was signed by Abhishek Kapoor, Company Secretary & Compliance Officer, ensuring proper authorization and compliance with corporate governance standards.