Star Imaging And Path Lab Ltd Opens New Diagnostic Centre in Dwarka, New Delhi
Star Imaging And Path Lab Limited has initiated its expansion strategy with the execution of a Lease Agreement for a new Diagnostic and Imaging Centre. The facility is located at Plot Number 20, Sector 13, Block-B, Pocket 10, Dwarka, New Delhi, 110075.The company formalized the lease agreement on April 9, 2026. This new center aims to bolster the diagnostic network of the company within the Delhi NCR region.
Details regarding the new center are summarized below:
| Particulars | Details |
|---|---|
| Name of Unit/Branch | Star Imaging and Path Lab Limited - Dwarka Centre |
| Location | Plot Number 20, Sector 13, Block-B, Pocket 10, Dwarka, New Delhi, 110075 |
| Nature of Agreement | Lease Agreement for Diagnostic and Imaging Centre |
| Date of Execution of Agreement | 09 April 2026 |
| Lease Tenure | 9 Years |
| Nature of Business | MRI, CT scan, Ultrasound, X-Ray, and related diagnostic services |
| Capital Expenditure (CAPEX) | Approx. ₹ 14 Crore |
| Expected Date of Commencement | 1st August 2026 (subject to regulatory approvals) |
| Rationale for Agreement | Expansion of diagnostic network in Delhi NCR |
The new facility will offer services including MRI, CT scan, Ultrasound, and X-Ray, alongside other related diagnostic services.
The company stated that the capital expenditure for this venture is approximately ₹ 14 Crore. The expected date for the commencement of operations at the Dwarka Centre is August 1, 2026, subject to obtaining necessary regulatory approvals. The management noted that the impact on the company's financial position is expected to contribute positively to revenue and operations.
Stock Price Movement
At the close of trade on Thursday, Star Imaging And Path Lab Ltd settled at ₹56.00, sinking 5.17% for the session. Shares ranged significantly today, falling from an intraday high of ₹60.00 down to a low of ₹56.00.Source:
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