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Park Medi to acquire Medicity Hospital for ₹177 crore
short by / on Monday, 25 May, 2026
Park Medi approved acquisition of The Medicity Hospital in Rudrapur, Uttarakhand for around ₹177 crore. The 330-bed multi-speciality hospital reported FY26 turnover of ₹55.74 crore. The transaction will be completed in two phases, with 80% stake expected by August 31, 2026 and remaining 20% proposed after March 31, 2030.