KIMS Hospitals merges subsidiaries, simplifies structure
On November 7, 2025, Krishna Institute of Medical Sciences Limited (KIMS) announced the merger of its wholly-owned subsidiaries, KIMS Hospitals Private Limited and Chalasani Hospitals Private Limited, into the parent company. This amalgamation, approved by the board of directors, is set to simplify the group’s corporate structure, eliminate multiple legal entities, and achieve operational and administrative efficiencies. The merger also aims to optimize asset utilization, reduce statutory compliances, and generate cost savings.
The transaction, a related party transaction, is exempt from arm's length requirements as it is between a holding company and its wholly-owned subsidiaries. No cash consideration or new share issuance will be involved, ensuring KIMS's shareholding pattern remains unchanged. Financial results for the half-year ended September 30, 2025, showed consolidated profit before tax at ₹2,105 million.
For the half-year ended September 30, 2025, KIMS Hospitals Private Limited reported ₹0 million in turnover and a PAT of (₹5.45) million, while Chalasani Hospitals Private Limited had a turnover of ₹744 million and a PAT of (₹98) million. Krishna Institute of Medical Sciences Limited, the transferee company, reported a turnover of ₹13,841 million and a PAT of ₹3,029 million.
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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