New Launch10 Mar 2026, 09:54 am
Park Medi World Ltd. Approves Launch of Hospital in Panchkula and Expansion of Bed Capacity at Grecian Super Speciality Hospital, Mohali
AI Summary
Park Medi World Ltd. announced the outcomes of its Board Meeting held on March 10, 2026. The company approved the launch of a Multispecialty Hospital in Panchkula, which will commence operations on March 29, 2026. Additionally, the bed capacity of Grecian Super Speciality Hospital, Mohali, a subsidiary of the company, will be expanded by 150 beds. The expansion is expected to be completed in the next 18 months and will be funded from internal accruals of RGS Healthcare Limited.
Key Highlights
- Park Medi World Ltd. approved the launch of a Multispecialty Hospital in Panchkula
- The Panchkula Hospital will commence operations on March 29, 2026
- Grecian Super Speciality Hospital, Mohali, a subsidiary of the company, will expand its bed capacity by 150 beds
- The expansion is expected to be completed in the next 18 months
- The expansion will be funded from internal accruals of RGS Healthcare Limited