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Krishna Institute of Medical Sciences gets nod to acquire up to 22% stake in Splendid Hospitals
Oct-07-2026

Krishna Institute of Medical Sciences has secured approval to acquire up to 22% stake in Splendid Hospitals (Kompally), an O & M entity, for a consideration of up to Rs 40.00 crore by way of primary infusion. The Board of Directors of the company at its meeting held on October 6, 2026, has approved the same. The investment is strategic in nature as the company is the O & M Partner of Splendid Hospitals (Kompally). The acquisition is expected to be completed on or before March 31, 2027.

Splendid Hospitals (Kompally) belongs to Healthcare Industry and has the capacity to expand to over 225+ beds and is equipped with the latest medical infrastructure, medical and diagnostic equipment, and multiple operation theatres.

Krishna Institute of Medical Sciences is one of the largest corporate healthcare groups in AP and Telangana in terms of number of patients treated and treatments offered.

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