Park Medi World Limited has successfully completed the acquisition of Krishna Super-speciality Hospital in Bathinda for ₹40.00 crores, marking a significant expansion in its healthcare infrastructure. The Board of Directors approved the acquisition during a meeting held on January 05, 2026, from 8:00 a.m. to 9:25 a.m., involving the purchase of 100% shareholding of the hospital facility. The company filed the acquisition details with BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI LODR requirements.
Acquisition Details
The acquisition involves Krishna Super-speciality Hospital, which is owned and operated by Mahip Hospitals Private Limited. The transaction represents an all-cash consideration deal worth ₹40.00 crores for complete ownership of the healthcare facility.
| Parameter: |
Details |
| Acquisition Value: |
₹40.00 crores |
| Shareholding Acquired: |
100% |
| Payment Method: |
Cash consideration |
| Completion Date: |
January 05, 2026 |
| Acquired Entity: |
Mahip Hospitals Private Limited |
| CIN: |
U70102CH2015PTC035798 |
Hospital Infrastructure and Capabilities
Krishna Super-speciality Hospital is strategically positioned in the heart of Bathinda and serves as a vital healthcare hub for both urban and rural districts. The facility has been designed as a 250-bedded hospital with comprehensive medical infrastructure including modular operation theatres and automated laboratories.
Key Facility Features:
- Total Capacity: 250 beds including 70 ICU beds
- Advanced Infrastructure: Modular operation theatres and automated laboratories
- Strategic Location: Centralized position serving multiple districts
- Specialties: Multiple super-specialty services
Medical Services and Specializations
The hospital provides comprehensive medical care across various super-specialties, positioning it as a major healthcare provider in the region. The facility offers advanced medical services supported by modern infrastructure and highly-trained experienced medical professionals.
Core Medical Specialties:
- Cardiac Sciences and Endocrinology
- Neurosciences and Oncology & Radiation
- Orthopaedics & Joint Replacement
- Urology & Nephrology
- Critical Care and Gastroenterology
- Advanced diagnostics and emergency services
- Women & child health services
Financial Performance and Background
Mahip Hospitals Private Limited, incorporated on October 30, 2015, has shown significant growth in recent years. The company has its registered office at H. No. 245, Sector 16-A, Chandigarh with an authorized capital of ₹15.00 lakhs and paid-up capital of ₹13.50 lakhs.
| Financial Year: |
Turnover (₹ crores) |
| FY 2022-23: |
Nil |
| FY 2023-24: |
₹7.73 |
| FY 2024-25: |
₹16.00 |
Strategic Impact and Management Transition
Park Medi World Limited has been managing Krishna Super-speciality Hospital's operations since July 2025 and has now transitioned from managing to fully acquiring the facility from the current promoters. This acquisition is not a related party transaction, and no promoter or group companies have any interest in the acquired entity.
Dr. Ankit Gupta, Managing Director of Park Medi World Limited, emphasized the acquisition's significance in bridging the healthcare gap for rural and economically-weaker communities, providing metropolitan-grade care locally and affordably. The addition of Krishna Super-speciality Hospital increases Park Group's hospital capacity and strengthens its healthcare infrastructure, supporting the company's strategic plan to reach a total of 5,260 beds by March 2028 across its 14 operational hospitals and seven hospitals under various stages of execution.
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