Evervie Health Limited : Issues LOI for 10 LINAC Systems

!PVP Evervie Health Limited (formerly known as PVP Ventures Limited) has announced significant business developments aimed at fortifying its strategic pivot toward the healthcare sector. Under the leadership of Chairman and Managing Director Prasad V. Potluri, the company has issued a Letter of Intent (LOI) for high-end medical infrastructure and updated its corporate web identity. Key Transaction Highlights : * Strategic Counterparty: Elekta Solutions AB, Sweden. Asset Procurement: Letter of Intent (LOI) signed for ten (10) HARMONY linear accelerator (LINAC) systems (including software, equipment, accessories, documentation, installation, and commissioning). * Estimated Deal Value: Broadly valued between US$ 11 million to 15 million, with consideration payable in Swedish Krona (SEK) as per the definitive agreement. * Operational Entity: The procured systems are intended to be operated by the company's subsidiary, Optimus Oncology Private Limited. * Deployment Timeline: Phased delivery schedule starting with an initial lot of 5 units followed by the remaining 5, with tentative completion by October 2028. * Corporate Governance & Digital Rebranding HighlightsArm’s Length & Independent: The procurement is an international trade agreement with no promoter or promoter group interest in Elekta Solutions AB, confirming it is not a related-party transaction. * Conditional Agreement Status: The current LOI establishes commercial intent but does not constitute a definitive purchase agreement or legally obligate Elekta to supply until final contracts, statutory approvals, and financial arrangements are executed. * Digital Identity Transition: In alignment with its recent corporate name change from PVP Ventures Limited to Evervie Health Limited, the company has officially launched its new website—***** the legacy domain. Disclosure /Disclaimer Link: *****