1. MOU with Reputed Hospital Chain 2.MOU with Reputed Nursing Home
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Star Imaging and Path Lab has signed two MOUs to expand its diagnostic services footprint in Delhi & NCR. The first is with a reputed hospital chain to set up, manage, and operate CT Scan services at a South Delhi location, involving a capital expenditure of around Rs. 2.00 Crores, expected to be operational by end of January 2026. The company is also in advanced talks to set up similar centres at 3 more locations of the same hospital chain in Delhi & NCR, to be operational in phases over about six months. The second MOU is with a reputed nursing home to provide Radiology (Ultrasound) and Pathology Laboratory services. Together, these partnerships will allow the company to serve IPD, OPD, and walk-in patients, strengthening its position as a leading healthcare service provider in the region.
These partnerships signal a meaningful expansion of the company's revenue base in Delhi & NCR through new CT Scan, ultrasound, and pathology service lines, which could support future revenue growth. For shareholders, this is a positive business development, though the Rs. 2 Crore capex is modest and the actual financial impact will depend on how quickly the new centres scale up.