KIMS to acquire up to 51% stake in Insignia Healthcare

Krishna Institute of Medical Sciences Limited (KIMS) announced its Board of Directors has approved the acquisition of up to 51% equity stake in Insignia Healthcare Private Limited (KIMS-SIKHARA). Insignia Healthcare operates a 150-bed hospital in Guntur, Andhra Pradesh, with potential for expansion to 200 beds. The acquisition is considered a strategic investment by KIMS, which is already the O&M partner for the target entity. The transaction will be a cash consideration, with shares acquired at Rs. 30.35 per equity share based on a valuation report. The acquisition is expected to be completed within 12 to 24 months. Insignia Healthcare reported a turnover of ₹9.68 Crore and a PAT of -₹13.28 Crore in FY 2024-25.