JV/AcquisitionAcquisition

Park Medi World is establishing 'Park Medicity Prayagraj Limited' as a wholly-owned subsidiary.

Park Medi World LimitedPARKHOSPS · Filed with the exchange

This new entity acts as a Special Purpose Vehicle to develop and operate a 550-bed multi-super-speciality hospital in Prayagraj, Uttar Pradesh, under a Public-Private Partnership model.

The initial investment for this 100% subsidiary is INR 0.15 crore.

This strategic move significantly expands Park Medi World's healthcare presence into Uttar Pradesh, enhancing its geographic footprint and operational scale through a major new facility.

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