StockWatch
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Hospital
Business Update5 Oct 2026, 05:20 pm

Narayana Hrudayalaya Signs Operation & Management Agreement

AI Summary

Narayana Hrudayalaya Ltd has entered into an Operation and Management Agreement with Mission of Mercy Hospital and Research Centre and The Assemblies of God of North India. The agreement appoints Narayana Hrudayalaya to exclusively operate, manage, direct, and control the Mission of Mercy Hospital & Research Centre in Kolkata. This leverages the company's expertise in healthcare management to support the hospital's sustainability and operations. The hospital comprises approximately 63,240 sq. ft. with a 100-bed capacity. The commencement of operations is subject to certain conditions precedent, which may take up to 12 months.

Key Highlights

  • Entered into Operation and Management Agreement for a Kolkata hospital.
  • Will exclusively operate and manage the Mission of Mercy Hospital.
  • Leverages company's expertise in healthcare and hospital management.
  • Hospital has 100 beds and spans approx. 63,240 sq. ft.
  • Operations commencement subject to conditions precedent within 12 months.