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Jupiter Life Line Hospitals confirms expansion plans were previously disclosed

October 13, 2025 at 05:09 PM UTCBy FilingReader AI

Jupiter Life Line Hospitals clarified a recent Moneycontrol article detailing a ₹1,400-crore expansion push to double capacity by 2029, stating the information had been previously disclosed through earlier announcements and investor presentations. The company emphasizes its commitment to timely and transparent disclosures under SEBI regulations.

The announcement lists several key disclosed projects, including the purchase of land at Ghodbundar Mira Road for a 300-bed hospital with an estimated capex of ₹400 crore, and the acquisition of land on lease in Pune for a 500-bed hospital with an estimated capex of ₹500 crore. Additionally, the company is establishing a 500-bed hospital in Dombivli.

These projects were initially detailed in various financial results presentations, specifically Q1FY26, Q4FY25, and Q3FY25. The company affirms that the Moneycontrol article merely consolidates existing public information and contains no new material developments or ongoing negotiations not already disclosed.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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