Krishna Institute of Medical Sciences Ltd

Krishna Institute of Medical Sciences Limited has approved a scheme of amalgamation with its wholly-owned subsidiary, KIMS Hospitals Private Limited, according to a regulatory filing on Thursday. The merger, which will simplify the group's corporate structure and eliminate multiple legal entities, was recommended by the company's audit committee and is expected to optimize asset utilization and reduce compliance costs. KIMS Hospitals Private Limited has a paid-up capital of Rs 65,99,99,990, while Krishna Institute of Medical Sciences Limited has a paid-up capital of Rs 84,00,12,968.

Krishna Institute of Medical Sciences Limited announced the re-appointment of Dr. Abhinay Bollineni as Director & CEO for a further term of 5 years, Dr. Bhaskara Rao Bollineni as Chairman & Managing Director for a further term of five years including continuation beyond the age of 70 years, and Ms. Dandamudi Anitha as Whole-time Director for a term of 5 years, effective January 18, 2027, and April 1, 2027, respectively.

Krishna Institute of Medical Sciences Limited (KIMS) has entered into definitive agreements to acquire a 51% equity stake in Sarvottam Health Care Private Limited, Kakinada, for an aggregate consideration of up to Rs 80.00 crore. The acquisition, which does not constitute a related party transaction, is being made as a strategic investment and will be completed in due course, with KIMS remitting the consideration based on a valuation report from BDO Valuation Advisory LLP. Sarvottam Health Care Private Limited, operating as Trust Multi Speciality Hospital, has a turnover of Rs 84.83 crore for fiscal year 2025-26 and is located in Kakinada, Andhra Pradesh.

Krishna Institute of Medical Sciences Limited (KIMS) has acquired a 5.82% stake in Ushahkal Abhinav Specialty Hospital LLP (Sangli) for an aggregate consideration of Rs 15.00 crore, the company announced on Tuesday. The acquisition, described as a strategic investment, was based on a valuation report issued by BDO Valuation Advisory LLP and involved a primary infusion of capital. Ushahkal Abhinav Specialty Hospital LLP, founded in 2022, is a quaternary care facility with a current capacity of 316 beds and potential for expansion to over 500 beds, and reported a turnover of Rs 80.42 crore for fiscal year 2025-26.

Krishna Institute of Medical Sciences Limited will hold a board meeting on Wednesday, November 04, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026, according to a regulatory filing with the Bombay Stock Exchange and the National Stock Exchange. The company has closed the trading window for its equity shares for designated persons from October 01, 2026, until 48 hours after the financial results are made public.

Krishna Institute of Medical Sciences Limited submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026, as received from MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, its Registrar and Share Transfer Agent.

Krishna Institute of Medical Sciences Limited announced that its board approved the acquisition of an equity stake in Splendid Hospitals Private Limited (Kompally) for up to Rs 40.00 crore via primary infusion. The acquisition, which does not constitute a related party transaction, will see Krishna Institute of Medical Sciences acquire up to 22% of equity shares in Splendid Hospitals, a healthcare entity based in Kompally, Telangana, with the potential to expand to over 225 beds. The acquisition is expected to be completed on or before March 31, 2027, based on a valuation report from BDO Valuation Advisory LLP.

Krishna Institute of Medical Sciences Limited announced that its board approved the acquisition of up to 51% equity stake in Sarvottam Health Care Private Limited (Kakinada) for an investment of up to Rs 80.00 crore, with the acquisition expected to be completed on or before October 31, 2026. Sarvottam Health Care Private Limited, operating as Trust Multi Speciality Hospital in Kakinada, Andhra Pradesh, commenced operations in 2010 and currently has a capacity of 183 beds, with a turnover of Rs 84.83 crore in fiscal year 2026.

Krishna Institute of Medical Sciences Limited announced that its board approved the acquisition of up to 51% equity stake in Insignia Healthcare Private Limited (KIMS-SIKHARA), an operations and management entity, for a cash consideration of Rs 30.35 per equity share. The acquisition, which is expected to be completed within 12 to 24 months, will be executed as a strategic investment and does not fall under related party transactions. Insignia Healthcare Private Limited, incorporated in 2018 and based in Guntur, Andhra Pradesh, reported a turnover of Rs 104.5 crore in fiscal year 2025.

Krishna Institute of Medical Sciences Limited announced that its board approved the acquisition of a 6% stake in Ushahkal Abhinav Specialty Hospital LLP (Sangli) for up to Rs 15 crore via primary infusion, on or before October 31, 2026. The acquisition, based on a valuation report by BDO Valuation Advisory LLP, will see KIMS manage and operate the 316-bed quaternary care facility, branded as “KIMS-UAIMS,” which was founded in 2022 and is located in Sangli, Maharashtra. Ushahkal Abhinav Specialty Hospital LLP reported a turnover of Rs 80.42 crore for fiscal year 2025-26.