FORTIS

inks definitive agreements to acquire 125-bedded People Tree Hospital in Bengaluru via 100% acquisition of TMI Healthcare Pvt. Ltd. for ₹430 crore. IHL will also acquire the hospital building and land for potential expansion of over 300 beds. Planned investment of ₹410 crore in three years to augment infrastructure and clinical programmes. Expected to complete by January 2026.