Plans investment of Rs 840 Crs for 300+ beds in Bengaluru - Fortis Healthcare Ltd

Code BSE: 532843 NSE:

S Fortis plans investment of Rs 840 Crs for 300+ beds in Bengaluru. Company acquires People Tree Hospital Yeshwanthpur for Rs 430 Crs; plans to scale up infrastructure with a further investment of Rs 410 Crs Deal complements Company’s cluster focused growth strategy in Bengaluru with an overall potential to scale up to 1500+ beds across 7 facilities over the next 3 years Gurugram, December 20, 2025. Fortis Healthcare Limited announced signing of definitive agreements for the acquisition of the 125-bedded People Tree Hospital in Yeshwanthpur, Bengaluru by way of a 100% acquisition of TMI Healthcare Private Limited (“TMI Healthcare”), the entity under which the PTHY business operations reside. Thesaid acquisition would be undertaken by FHL’s wholly-owned subsidiary International Hospital Limited . As part of the composite transaction, along with the acquisition of TMI Healthcare, IHL would also acquire the hospital building and the underlying land of PTHY from the promoters of TMI Healthcare and an adjacent land parcel from an independent third party; for a cumulative transaction value of INR 430 Crs (including debt residing with TMI Healthcare). The transaction shall be subject to customary closing adjustments as agreed in the definitive agreements.