Nephrocare Subsidiary Acquires Dialysis Center Assets in Philippines for PhP 71.8 Million
Nephrocare Health Care Services, Philippines Inc., an overseas step-down wholly-owned subsidiary of Nephrocare Health Services Limited, has acquired identified assets relating to a dialysis center located in Davao City, Philippines. The acquisition was completed through an Asset Transfer Agreement dated August 12, 2026.The transaction involved the purchase of these specific assets from Juan Nephro Dialysis Center for a total consideration of PhP 71,800,000 (Philippine Pesos Seventy-One Million Eight Hundred Thousand Pesos Only).
The details of the acquisition and both parties are summarized below:
| Particulars | Detail |
|---|---|
| Purchaser | Nephrocare Health Care Services, Philippines Inc. |
| Seller | Juan Nephro Dialysis Center |
| Transaction Purpose | Acquisition of identified assets relating to a dialysis center in Davao City, Philippines. |
| Agreement Size | PhP 71,800,000 |
Nephrocare Health Care Services, Philippines Inc., acts as the purchaser in the transaction. The Seller, Juan Nephro Dialysis Center, was determined not to be related to the company.
According to the terms of the agreement, there are no special rights granted by either party and the transaction does not fall under the category of a related party transaction.
NEPHROPLUS Stock Price Movement
Today, shares of Nephrocare Health Services Limited edged higher in the session, concluding at ₹689.00 after gaining 1.45%. The stock traded within a tight range for the day, moving between a low of ₹675 and a high of ₹689.4 on a volume of 32,020 shares.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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