Park Medi World Ltd

Regulatory update

• Income Tax Department verification conducted at select premises of Park Medi World Ltd and subsidiaries.
• Company and subsidiaries cooperated fully with the tax authorities.
• Verification activity is reported with no impact on operations.
• Disclosure reiterated under Regulation 30 of LODR.

Park Medi World Ltd trading window closed from Thursday, October 01, 2026 till 48 hours after the announcement of the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026 to the Stock Exchanges

AGM details

• Held on 22 Sep 2026 at 11:00 IST via VC/OAVM.
• Remote e-voting and on-site voting conducted; cut-off date 15 Sep 2026.

Ordinary resolutions

• Adopt standalone and consolidated financial statements for year ended 31 Mar 2026.
• Reappointment of director by rotation approved.
• Remuneration for Cost Auditor ratified for 2026-27.
• Secretarial Auditor appointed from 2025-26 to 2029-30.

Special resolutions

• Amend and ratify PARK-ESOP 2025 under SEBI rules; approved.
• Amend and extend ESOP 2025 to employees of subsidiaries and group; approved.
• ESOP 2025 amendment: opposition 0.96%.
• ESOP extension: opposition 6.28%.

AGM Details

• AGM held on 22 Sep 2026 at 11:00 A.M. via VC/OAVM; deemed venue in New Delhi.
• 75 shareholders attended the meeting via VC/OAVM.
• Remote e-voting window: 18 Sep 2026 9:00 A.M. to 21 Sep 2026 5:00 P.M.
• Voting results and Scrutinizer report to be declared by 23 Sep 2026 at 5:00 P.M.

Ordinary Business

• To adopt audited standalone and consolidated financial statements for FY 2025-26.
• Auditor's report stated no qualifications or adverse observations.

Special Businesses

• Remuneration payable to Cost Auditor for FY 2026-27 to be ratified.
• SBR & Co. LLP to be appointed Secretarial Auditors for 2025-26 to 2029-30.
• Amend and ratify PARK – ESOP 2025 under SEBI Regulations 2021.
• Extend PARK – ESOP 2025 to employees of Subsidiary and Group Companies.

Awards highlights

• Park Group was awarded three honours at Healthcare Pioneers of Delhi 2026.
• Lifetime Achievement for Dr. Ajit Gupta.
• Future Healthcare Leader of the Year for Dr. Ankit Gupta.
• Excellence in Advanced Medical Technology & Patient Care.
• Awards presented by Delhi Chief Minister Rekha Gupta on Sep 20, 2026.

Capacity expansion and footprint

• Current capacity is ~4,300 beds across 17 hospitals.
• 6 additional hospitals are being integrated.
• Capacity expansion at 3 existing units adds 2,300 beds.
• Total capacity is expected to reach ~6,600 beds.
• Presence across 15 key cities.
• Expanding into Zirakpur, Gorakhpur, Prayagraj, Kanpur and Rohtak.

Meeting Details

• Date: September 21, 2026; event: Anand Rathi G-200 Summit 2026.
• Participation: management will not attend.

Participants

• Management participants: roles not disclosed.

Purpose

• Purpose: investor/analyst conference participation; cancellation communicated.

Additional Notes

• Recording/presentation: not specified.
• Disclosure posted on company website.
• Other scheduled conferences: details unchanged.

Parties

• AHRSPL, a Park Medi World subsidiary, and Axis Educational Society (AES).
• AHRSPL is the operating entity; AES is the counterparty for O&M.

Purpose

• Long-term operation and management of the 300-bed Axis Hospital, Kanpur.

Key terms

• Revenue share: AES to receive 6% of collections, with minimum INR 2,000,000 per month in Year 1.
• Thereafter, INR 2,000,000 per month plus GST.
• Effective date no later than 01 April 2027.
• Asset-light model; no upfront land or building acquisition.
• 28-year O&M; hospital to be renovated and re-equipped.
• Hospital capacity remains 300 beds; commissioning by year-end.

Related party & disclosures

• Not a related party transaction; AES is not a promoter group.
• Regulatory approvals not specified; press release enclosed.

Impact

• Expands Park Group footprint in Uttar Pradesh via asset-light O&M.
• Renovation and modernization funded under the agreement.
• Potential effect on AHRSPL profitability due to revenue share.

Target and deal details

• Target: Park Medicity Prayagraj Limited, a wholly owned subsidiary.
• Industry: Healthcare services; 550-bed hospital in Prayagraj, UP.
• Size/Turnover: Not disclosed.
• Related party: No; promoter group not involved.
• Objects: Development and operation of a 550-bed hospital under PPP.
• Regulatory approvals: Not applicable.
• Timeline: Not applicable.
• Consideration: Cash infusion by company and nominees for subscribed share capital.
• Cost: Rs. 0.15 crore for 1,50,000 equity shares of Rs 10.
• Ownership: 100% shareholding with nominees.
• Background: Healthcare entity for PPP hospital; recently incorporated; no turnover history.

Key disclosures

• Re-file of unaudited standalone and consolidated Q1 2026 results in machine-readable format; figures unchanged.
• Independent auditor's review on standalone results issued unmodified; board approved 3 Aug 2026.
• Panchkula 350-bed hospital launched on 10 Apr 2026.
• Gurugram Park Hospital expanded by 100 beds; cost ~ INR 250m; internal funding; completion by Nov 2026.
• HealPlus Medical Services Private Limited incorporated May 20, 2026; not yet commenced.
• Aggarwal Hospital divested 55% stake in Devina Derma Private Limited for INR 0.60m.
• Acquired 80% stake in V3 Healthcare Private Limited for INR 1,770m.
• Remaining 20% to be acquired by 30 Apr 2030; Rudrapur hospital launched Aug 2, 2026.
• IPO proceeds utilized: Rs 3,800m for borrowings; Rs 195.19m for Park Medicity; Rs 36.08m for equipment.
• No investor complaints received during quarter; none pending as of 30 June 2026.

Target and purpose

• Proposed wholly-owned SPV named Park Medicity Prayagraj Limited (Park Hospital Prayagraj Limited).
• Purpose: development and operation of a 550-bed multi-speciality hospital in Prayagraj, UP.
• Industry: Healthcare services; country: India.

Deal terms

• Consideration: cash of INR 0.15 crore for 1,50,000 equity shares of Rs 10.
• Shareholding: Park Medi World to hold 100% equity in the SPV, with nominees.
• Regulatory approvals: not required for incorporation.

Background & timeline

• PPP award by Prayagraj Municipal Corporation for a 550-bed hospital.
• Board approved SPV incorporation on Aug 31, 2026.