Announced Thu, 9 Apr · 16:26 IST

Opening of New Centre at Dwarka, New Delhi

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AI summary

Star Imaging and Path Lab Limited has signed a 9-year lease agreement to open a new diagnostic and imaging centre in Dwarka, New Delhi. The new centre will offer MRI, CT scan, Ultrasound, X-Ray, and related diagnostic services. The company plans to invest approximately ₹14 crore in capital expenditure for this expansion. The centre is expected to commence operations by 1st August 2026, subject to regulatory approvals. The management expects this expansion to positively contribute to the company's revenue and operations in the Delhi NCR region.

Likely market impact

The new centre represents a significant expansion of the company's diagnostic network with a ₹14 crore investment. This is a positive development for shareholders as it demonstrates growth execution and could boost future revenue, though the impact will only be visible after operations begin in August 2026.