Park Medi World Divests 55% Stake in Devina Derma for ₹0.06 Cr

Park Medi World Ltd, through its wholly owned subsidiary Aggarwal Hospital and Research Services Private Limited, has approved the divestment of its 55% shareholding in Devina Derma Private Limited for INR 0.06 crore. This strategic move aims to streamline the corporate structure and focus resources on core priorities. The divestment follows the failure of sellers to meet pre-requisite conditions. Devina Derma's turnover was INR 0.45 crore (0.03% of consolidated turnover) with a negative net worth of INR (0.34) as of March 31, 2026. The transaction is expected to be completed on June 05, 2026, with the buyer being Zen Zone Healthcare Private Limited, which is not a promoter or group company.