Apollo Hospitals Enterprise Limited has informed the Exchange about General Updates
APOLLOHOSP · price
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Apollo Hospitals has acquired 90,000 equity shares (100% stake) of Apollo Healthtech Limited (AHTL) from existing shareholders at par value for a total consideration of Rs. 9,00,000 (Rs. 9 lakhs). AHTL, incorporated on May 15, 2025, is a newly formed company yet to commence operations. Post-acquisition, AHTL has become a wholly owned subsidiary of Apollo Hospitals. AHTL will operate in the healthcare services sector, focusing on technology-led healthcare services and the distribution of pharmaceutical, personal care, and healthcare products. The transaction is classified as a related party transaction executed at arm's length.
While the deal size is small, the move signals Apollo Hospitals' strategic expansion into technology-driven healthcare services and healthcare product distribution, which could complement its core hospital business and open new revenue streams over time.