MANIPAL HEALTH : ACQUIRES KINDER WOMEN'S HOSPITAL FOR RS 130 CR

• Manipal Health Enterprises Limited has signed a Business Transfer Agreement (BTA) with Kindorama Healthcare Private Limited to acquire Kinder Women's Hospital in Bengaluru. • The acquisition will be undertaken for a cash consideration of INR 130 Crores towards the entire business operations and assets of Kinder Hospital. • Kinder Hospital, commissioned in 2022, has a current capacity of 100 beds. • The transaction does not entail acquisition of shares. • The transaction is expected to be completed within 90 days, subject to necessary statutory and customary approvals.

Manipal Health Enterprises Limited

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