Park Medi World Limited to acquire The Medicity Hospital, Rudrapur, Uttarakhand

This acquisition is consistent with the Company’s growth strategy, which seeks to maximise operational synergies and achieve economies of scale through strategic deployment of assets in high-potential, underserved markets. The addition of ‘The Medicity Hospital’ meaningfully strengthens Park Group’s presence across key geographical areas in North India, advancing its long-term objective of building a dominant and integrated healthcare network in the region.

The acquired facility will further strengthen the consolidated financial performance of Park Group, with value creation supported by a focused post-acquisition integration programme. Key levers include the enhancement of clinical service offerings, optimisation of operational workflows, and a structured drive to improve bed utilisation rates — all of which are anticipated to deliver meaningful improvements to revenue and profitability over the medium to long term. The transaction is structured to be earnings-accretive and aligns with the Company’s broader objective of generating sustainable, long-term returns for the stakeholders.

Speaking about the acquisition, Dr. Ankit Gupta, Managing Director, Park Medi World Limited, said:

“This acquisition marks a significant milestone in our strategic journey to build a world-class, pan- North India healthcare network. The Medicity Hospital, Rudrapur, is a high-quality, well-entrenched asset with a strong clinical reputation and an established patient base — precisely the profile we seek in our inorganic growth initiatives.

Its strategic location within the Kumaon region, combined with its NABH accreditation and advanced infrastructure, positions it as a cornerstone asset within our expanding cluster-based network. This transaction is a clear reflection of our unwavering commitment to disciplined capital allocation, value- accretive growth, and our long-term vision of making high-quality, patient-centric healthcare accessible across every key area in the region. We look forward to welcoming The Medicity Hospital team into the Park Group family and are excited about the shared journey ahead.”

About Park Group

Park Group is North India’s 2nd largest Hospital Chain, currently operating 16 hospitals with a combined capacity of 3,960 beds. In addition to this proposed 330 bed facility in Rudrapur, Uttarakhand, Park Group is in the process of integrating four additional hospitals. These projects are in various stages of execution and will add 1,500 beds to our network. With these, Park Group’s total capacity is expected to reach 5,790 beds by March 2028, underscoring its commitment to leadership and growth in healthcare delivery.

The Group has established a strong presence across 14 key cities including Delhi, Gurgaon, Faridabad, Panipat, Karnal, Sonipat, Ambala, Mohali, Patiala, Bathinda, Behror, Jaipur, Agra and Panchkula. Built on a commitment to accessible, high-quality healthcare, Park Group offers a comprehensive range of clinical services—spanning super-specialities such as cardiology, neurology, oncology, orthopaedics, gastroenterology, critical care, nephrology, organ transplants, gene therapy, stem-cell therapy, and women & child health. Each facility is equipped with modern medical infrastructure, advanced diagnostics, 24×7 emergency support, and multi-disciplinary teams delivering evidence-based care. Through continuous expansion and strategic investments, Park Group is strengthening its mission to build a dependable, technology-enabled healthcare ecosystem that serves both metropolitan and regional communities across North India.

For investors or media queries please write to: investor.relations@parkhospital.in

Disclaimer: This article is for informational purposes only and does not constitute financial advice.