Park Medi World Limited Completes Acquisition of SVPD Healthcare Private Limited
Park Medi World Limited announced the successful completion of its acquisition of SVPD Healthcare Private Limited on March 20, 2026. This acquisition marks a significant step in the company's ongoing efforts to acquire KP Institute of Medical Sciences in Agra.As previously disclosed on December 19, 2025, January 30, 2026, and February 26, 2026, Park Medi World Limited is acquiring KP Institute of Medical Sciences through the acquisition of 100% stake in K P S Wellness Private Limited and SVPD Healthcare Private Limited. The acquisition of 100% stake in K P S Wellness Private Limited was completed on January 30, 2026.
With the completion of the acquisition of SVPD Healthcare Private Limited, the company now holds 100% ownership, establishing it as a wholly-owned subsidiary of Park Medi World Limited.
The acquisition of KPIMS involves the acquisition of a 360-bed facility. No governmental or regulatory approvals were required for the acquisition, which was completed on March 20, 2026.
Details of the Acquisition:
| Detail | Information |
|---|---|
| Date of Initial and Latest Announcements | December 19, 2025, January 30, 2026, and February 26, 2026 |
| Reason for Update | Completion of acquisition of 100% shareholding of SVPD Healthcare Private Limited |
| Percentage of Shareholding Acquired | 100% shareholding |
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