Fortis Healthcare Limited has informed the Exchange regarding a press release dated August 20, 2025, titled "Fortis Healthcare Signs O&M Agreement with Ekana Group for 550-Bed Greenfield Super Specialty Hospital in Lucknow".
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Fortis Healthcare has signed an Operations & Management (O&M) agreement with Ekana Group to run a 550-bed greenfield super specialty hospital being built near Gomti Nagar, Lucknow. The facility will be developed by Ekana Group and operated by Fortis, positioned as a Centre of Excellence for tertiary care services. This will be Fortis's third major presence in Uttar Pradesh, joining its existing network hospitals in Noida and Greater Noida. Currently, Fortis operates 33 healthcare facilities with over 5,700 operational beds across 11 states.
This expansion strengthens Fortis's footprint in Uttar Pradesh and adds 550 beds to its network without significant capital expenditure, as Ekana Group bears construction costs. Asset-light O&M deals typically boost revenue and brand presence, which should be viewed positively by shareholders.