KIMS Hospitals Approves Qualified Institutional Placement

Krishna Institute of Medical Sciences Ltd (KIMS Hospitals) announced the approval of its Qualified Institutional Placement (QIP) by its Finance & Investment Committee. The committee approved the preliminary placement document and authorized the opening of the issue on June 16, 2026. The floor price for the issue has been fixed at ₹771.73 per equity share, calculated as per SEBI ICDR Regulations. A subsequent meeting on June 19, 2026, will consider and approve the final issue price, potentially including a discount of up to 5%. The trading window for designated persons has been closed from June 16, 2026, until 48 hours after the issue price determination.