ALPHA TRIBE

Park Medi World LimitedJV/Acquisition, 31-08-2026: Acquisition

31-08-2026 | 11:18 am

Park Medi World is establishing 'Park Medicity Prayagraj Limited' as a wholly-owned subsidiary. This new entity acts as a Special Purpose Vehicle to develop and operate a 550-bed multi-super-speciality hospital in Prayagraj, Uttar Pradesh, under a Public-Private Partnership model. The initial investment for this 100% subsidiary is INR 0.15 crore. This strategic move significantly expands Park Medi World's healthcare presence into Uttar Pradesh, enhancing its geographic footprint and operational scale through a major new facility.

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