Narayana Hrudayalaya Ltd. has informed the Exchange about General Updates that Pursuant to the Regulation 30 of the SEBI Listing Regulation, 2015, we hereby inform that Health City Cayman Islands Ltd (HCCI), a wholly owned overseas subsidiary of the Company has infused amount by way of subscription of equity shares in Cayman Integrated Healthcare Limited, a wholly owned overseas subsidiary of HCCI and a step down subsidiary of the Company.
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Narayana Hrudayalaya's wholly owned overseas subsidiary, Health City Cayman Islands Ltd (HCCI), has invested USD 1,000,000 (1,00,000 ordinary shares at USD 10 each) into Cayman Integrated Healthcare Limited (CIHL), a step-down subsidiary based in Cayman Islands. With this infusion, HCCI's total investment in CIHL now stands at USD 8.05 million. CIHL operates in the health insurance sector, reported a turnover of USD 3.9 million in FY25 (its first year of revenue), and the funds are intended to meet its working capital needs. The transaction is between wholly owned entities, done at arm's length, and no regulatory approvals are required.
This is an internal capital infusion within Narayana Hrudayalaya's wholly owned overseas subsidiaries and is unlikely to have a material impact on the parent company's consolidated financials or stock price. Shareholders should note that CIHL has just started generating revenue and may need further funding support in the future.