Shares of Park Medi World Ltd climbed more than 3% during Monday’s trading session after the company announced the acquisition of V3 Healthcare Private Limited, which operates The Medicity Hospital in Rudrapur, Uttarakhand.
The stock rose 3.31% to Rs 267.78 on the NSE, gaining Rs 8.59 during the session. The stock also touched its 52-week high of Rs 272.00. At around 10:04 AM, Park Medi World shares were trading near the day’s highs with a market capitalisation of approximately Rs 11,580 crore.
Park Medi World informed exchanges that its Board of Directors approved the acquisition during a meeting held on May 25, 2026. The transaction value stands at approximately Rs 177 crore and will be executed entirely through cash consideration.
Under the deal structure, Park Medi World will acquire 80% of V3 Healthcare by August 31, 2026, while the remaining 20% stake will be acquired by April 30, 2030. The company clarified that the transaction does not require regulatory approvals and is not classified as a related party transaction.
The Medicity Hospital is a 330-bed NABH-accredited multi-super speciality hospital located in Rudrapur, Uttarakhand, and is considered one of the largest healthcare facilities in the Kumaon region. The hospital offers over 20 specialities including Cardiac Sciences, Neurosurgery, Oncology, Orthopedics, Nephrology, Gastroenterology, IVF, and Interventional Radiology.
V3 Healthcare reported turnover of Rs 42.46 crore in FY24, Rs 49.04 crore in FY25, and Rs 55.74 crore in FY26 on an unaudited basis, indicating steady revenue growth over the last three financial years.
The acquisition values the hospital at nearly 3.2 times FY26 revenue, based on the disclosed consideration of Rs 177 crore. Park Medi World stated that the transaction aligns with its strategy to expand into underserved healthcare markets and create operational synergies through regional expansion.
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