KIMS enters into agreement with Andhra Mahila Sabha to set up Super Speciality Hospital in Chennai

Krishna Institute of Medical Sciences Limited ("the Company") (KIMS) has entered into a Leave and License Agreement with Andhra Mahila Sabha for taking land admeasuring approximately 1.168 acres (equivalent to 21.19 Grounds) located at Dr. Durgabai Deshmukh Road, Raja Annamalai Puram, Chennai, Tamil Nadu-600028 on a long term lease for setting up a 300 beds (approx.) Super Speciality Hospital.

The investment in the project is expected to be around Rs. 300 Cr.

This proposed capacity expansion represents a significant strategic milestone, establishing the company's maiden presence in Tamil Nadu and is expected to drive improved operational performance and sustainable long-term financial returns.

The Company along with its subsidiaries has overall bed capacity of 8800+ beds as on 30th September, 2025.

Source : Equity Bulls

Keywords

KrishnaInstituteofMedicalSciences KIMS Agreement AndhraMahilaSabha Land RajaAnnamalaiPuram Chennai SuperSpecialityHospital 300Beds