Gujarat Kidney and Super Speciality Ltd Acquires Parekhs Hospital Private Limited
Gujarat Kidney and Super Speciality Ltd announced on March 23, 2026, that it has executed an agreement to acquire Parekhs Hospital Private Limited as a wholly-owned subsidiary.Parekhs Hospital Private Limited was incorporated under the Companies Act of 1956 and is based in Ahmedabad, Gujarat. The company’s authorized share capital is Rs.85,00,000, with a paid-up capital of Rs.25,50,000, comprising 255,000 equity shares at a face value of Rs.10 each.
The acquisition will be completed at an arm’s length and will involve a cash consideration of Rs.77,00,00,000 for a 100% holding of 255,000 equity shares. The transaction is expected to strengthen Gujarat Kidney and Super Speciality Ltd's presence in the healthcare sector and diversify its business portfolio.
Parekhs Hospital Private Limited’s consolidated turnover for the financial years ending March 31, 2022, 2023, and 2024 were Rs.24,06,44,000, Rs.26,35,59,000, and Rs.25,66,69,000, respectively. The company operates within India. No governmental or regulatory approvals are required for this acquisition.
| Detail | Particulars |
|---|---|
| Industry to which the entity being acquired belongs | Medical and healthcare service provider |
| Cost of acquisition | Rs.77,00,00,000 |
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