Hannah Joseph Hospital Acquires 75.5 Cents Land for Expansion

Hannah Joseph Hospital Limited (BSE Scrip Code: 544687, Symbol: HANNAH, ISIN: INE0JVH01012, CIN: U74999TN2011PLC082860) announced the acquisition of 75.5 cents of land at Re-Survey No. 115/1B3A, Chinthamani Village, Madurai South, Madurai - 625 009, for hospital and allied healthcare infrastructure expansion.

The total consideration for the land is Rs. 5,85,12,500 (Rupees Five Crore Eighty Five Lakhs Twelve Thousand and Five Hundred Only), excluding applicable stamp duty and registration charges. The acquisition has been fully funded through the company's internal accruals.

This strategic purchase supports the hospital's growth in neurosciences, cardiac sciences, orthopaedics, and traumatology services.

Shares of Hannah Joseph Hospital Limited was last trading in BSE at Rs. 61.00 as compared to the previous close of Rs. 60.24. The total number of shares traded during the day was 4000 in over 2 trades.

The stock hit an intraday high of Rs. 61.00 and intraday low of 60.24. The net turnover during the day was Rs. 242480.00.

Source : Equity Bulls

Keywords

HannahJosephHospital INE0JVH01012 LandAcquisition Expansion Madurai