Clarification26 Aug 2026, 04:18 pm
KIMS Denies $52 Million Renova Hospitals Stake Acquisition Rumors
AI Summary
Krishna Institute of Medical Sciences Ltd (KIMS) has issued a clarification refuting a news report by Dealstreetasia.com alleging talks to acquire a stake in Renova Hospitals for $52 million. KIMS states that the report is false, baseless, and factually incorrect. The company has not entered into any agreement, MOU, or discussions regarding this alleged acquisition. KIMS assures compliance with SEBI regulations and will disclose material developments as required.
Key Highlights
- KIMS denies rumors of acquiring a stake in Renova Hospitals.
- The company states the news report is false and baseless.
- No agreement or discussion has taken place regarding the acquisition.
- KIMS confirms compliance with SEBI disclosure norms.
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