Pursuant to Reg 30 of SEBI LODR Regulations, 2015, we hereby inform that Nephrocare Health Services, Philippines Inc., overseas stepdown wholly owned subsidiary of the Company has acquired ....
NEPHROPLUS · price
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Nephrocare Health Services' overseas step-down wholly-owned subsidiary, Nephrocare Health Care Services Philippines Inc., has entered into two Asset Transfer Agreements to acquire dialysis center assets in the Philippines. The first acquisition is Northern Mindanao Dialysis Clinic Inc. in Cagayan De Oro City for PHP 27.4 million (approx. INR 4.25 Crores), and the second is Aliaga Hemodialysis Centre Inc. in Nueva Ecija for PHP 44.8 million (approx. INR 6.99 Crores). Both agreements were executed on May 26, 2026. The total acquisition value is approximately INR 11.24 Crores. The sellers are not related parties to the company, and the transaction is not a related party transaction.
This acquisition expands Nephrocare's dialysis center footprint in the Philippines through its subsidiary, potentially increasing future revenue streams. The deal size is modest relative to company scale, so immediate stock impact is likely minimal but signals continued international expansion in the dialysis services sector.