Kovai Medical Center extends transfer deadline for AHS courses division

Kovai Medical Center & Hospital Ltd announced that its Board of Directors has approved an extension for the transfer of its Allied Health Sciences (AHS) courses division to Dr. NGP Research and Educational Trust. The original deadline was November 30, 2026, and the new deadline is January 31, 2027. This extension is due to administrative reasons, procedural regularities, and pending regulatory approvals. The AHS division contributed ₹425.87 Lakhs (0.27% of total turnover) and had a net worth of -₹350.60 Lakhs (-0.27% of total net worth) for the financial year ended March 31, 2026. Additionally, the company approved a 4-month extension for a lease agreement with Eaton Electric India Private Limited, from January 1, 2027, to April 30, 2027.