Announced Mon, 17 Aug · 21:47 IST
Manipal Health to acquire Kinder Women's Hospital for Rs 130 crore
MANIPALHOS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹719.00
prior close
₹723.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.2+1.5+1.5+3.3+0.9-0.1———————
Up moveDown movePending
AI summary
Manipal Health Enterprises signed a Business Transfer Agreement to acquire the entire operations of Kinder Women's Hospital and Fertility Centre in Bengaluru from Kindorama Healthcare for Rs 130 crore in cash. Kinder Hospital, commissioned in 2022 with 100 beds, reported revenue of about Rs 20.75 crore in FY26. The deal is expected to close within 90 days, subject to statutory approvals. This asset acquisition is allied to Manipal's core healthcare business.
Likely market impact
Acquisition expands Manipal Hospitals footprint in Bengaluru with a women's hospital and fertility centre. Cash asset deal avoids open offer obligation.