Deep Health AI India Ltd Enters Land Acquisition Agreement in Pune for Wellness Centre Project
Deep Health AI India Ltd has secured a Memorandum of Understanding (MoU) with M/s Elegant Floriculture & Agrotech (India) Limited regarding the proposed acquisition of land in Maharashtra, aiming to develop a specialized naturopathy and holistic rejuvenation centre.The MoU was established on March 06, 2026. The property being acquired is situated at Gat No. 358, Village Mouje Kashal, Taluka Maval, District Pune, Maharashtra, measuring 49,100 sq. mtr.
The company has advanced an aggregate payment of Rs. 2,85,00,000/- toward the acquisition. This advance was remitted in 10 tranches, with the final installment of the advance paid on June 06, 2026.
The proposed land development focuses on creating a holistic rejuvenation centre and a naturopathy facility. Key aspects of the project include cultivating medicinal plant species, with an emphasis on organic and herb based wellness, agro-tourism, and promoting preventive healthcare within the region.
Details of the property acquisition are summarized in the table below:
| Metric | Details |
|---|---|
| Land Size | 49,100 sq. mtr. |
| Location | Gat No. 358, Village Mouje Kashal, Taluka Maval, District Pune, Maharashtra |
| Advance Paid | Rs. 2,85,00,000/- |
| Payment Tranches | 10 |
| Last Payment Date | June 06, 2026 |
Stock Price Movement
Deep Health AI India Ltd. settled in the post-market trade today, slipping 0.48% to finish at ₹2.06. The shares traded through a fluctuating session, hitting a low of ₹2.01 but ultimately peaking during the day at ₹2.09.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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