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Apollo Hospitals Enterprise’s arm acquires partially built hospital in Kolkata

27 Sep 2023 Evaluate

Apollo Hospitals Enterprise’s subsidiary -- Apollo Multispeciality Hospitals has acquired a partially built hospital in Sonarpur, Kolkata with a total capacity of 325 beds as an asset sale. The first phase of the hospital with 225 beds built over 1.75 lakh square feet will be commissioned in the next 12 months and will bring Apollo's hallmark levels of care to more consumers in the eastern region by delivering state-of-the-art healthcare across all broad and high-end specialties including a comprehensive Oncology services with Radiotherapy. The acquisition is being fully funded by Apollo Multi Speciality Hospitals through its own internal accruals. 

This acquisition is an important step in Apollo's strategy to expand in key regions through brownfield and greenfield projects. Apollo will further augment its capacity in the East by an addition of another 700 beds over the next 3 years, taking the total bed count for Apollo in eastern region to 2500.

Apollo Hospitals Enterprise owns and operates chain of multi-specialty hospitals. It offers the services in the area of cardiology, cardiothoracic, orthopedics and joint replacement, spine surgery, oncology, etc.

Apollo Hospital Ent. Share Price

8078.40 -16.45 (-0.20%)
11-May-2026 15:04 View Price Chart
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