Narayana Hrudayalaya Ltd. — Important, 07-12-2024: General Updates

Health City Cayman Islands Ltd., a wholly-owned subsidiary, has invested USD 1.5 Million in Cayman Integrated Healthcare Limited, acquiring 150,000 ordinary shares at USD 10.00 each, raising its total investment in CIHL to USD 5.55 Million. CIHL, also a wholly-owned subsidiary, aims to use this capital for its working capital requirements, enhancing its operational capacity in the health insurance sector. This infusion supports CIHL's growth and stability, with a current turnover of USD 1.32 Million for FY 2025 as of November. Investors should view this development as a positive step towards expanding HCCI's overseas business and may consider the opportunities this presents for future growth.