STOCKWATCH
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Hospital
MoU6 Dec 2024, 03:03 am

GPT Healthcare Ltd Enters MoU for Leasing State-of-Art Hospital Building in Jamshedpur

AI Summary

GPT Healthcare Ltd has entered into a Memorandum of Understanding (MoU) with Mr. Naveen Singh and others for the construction and finishing of a high-class hospital building in Jamshedpur, Jharkhand. The building will be leased to the company on a long-term basis. The MoU does not involve any shareholding or significant terms, and the parties are not related to the promoter/promoter group/group companies. The agreement is being entered with a third party, and there is no conflict of interest. In case of termination or amendment of the agreement, the company will disclose additional details to the stock exchange(s).

Key Highlights

  • GPT Healthcare Ltd enters MoU for leasing a state-of-art hospital building in Jamshedpur.
  • The building will be constructed and finished by Mr. Naveen Singh and others.
  • The MoU is for a long-term lease.
  • No shareholding or significant terms involved in the agreement.
  • No conflict of interest with the listed entity.
GPTHEALTH
Hospital
GPT Healthcare Ltd

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