
KIMS Hospitals Board Approves Merger, Reappoints Directors
Krishna Institute of Medical Sciences Ltd announced the outcome of its Board Meeting held on October 26, 2026. The Board approved the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. Key approvals also included the merger of its wholly-owned subsidiary, KIMS Hospitals Private Limited, with the parent company. Additionally, the Board approved an Operations and Management (O&M) Agreement for Westfort Hospital, Thrissur, between KIMS Swastha Private Limited and LOVR Institute of Medical Sciences Limited. The re-appointment of Dr. Abhinay Bollineni as Director & CEO, Dr. Bhaskara Rao Bollineni as Chairman & Managing Director, and Ms. Dandamudi Anitha as Whole-time Director for further terms of five years were also approved, subject to postal ballot notice.
Key Highlights
- Board approved unaudited financial results for Q2 and H1 ended Sep 30, 2026.
- Approved merger of wholly-owned subsidiary KIMS Hospitals Private Limited.
- Approved O&M agreement for Westfort Hospital, Thrissur.
- Re-appointed Dr. Abhinay Bollineni as Director & CEO for 5 years.
- Re-appointed Dr. Bhaskara Rao Bollineni as Chairman & MD for 5 years.
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