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Medanta to elevate Quality of Healthcare in North East with its plan to set up a 400-Bed Super Specialty Hospital in Guwahati
Posted On : 2025-04-28 18:26:34( TIMEZONE : IST )
Global Health Limited (NSE: Medanta, BSE: 543654) Reaffirming its commitment to deliver world-class healthcare where it is needed most, Global Health Limited "Medanta" one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India, announced its entry into the North East with its plan to establish a super speciality hospital in Guwahati. The Board of Directors, in its meeting held today, approved the purchase of 3 acres of land from Assam Electricity Grid Corporation Ltd. for Rs. 30 crore plus incidental expenses for registration and possession of the land.
The Board has also approved plans to invest approximately Rs. 500 crores including cost of land in developing a state-of-the-art, 400-bed super specialty hospital. Proposed site is strategically located on National Highway 27, offering seamless connectivity across the entire North East region. This expansion aims to strengthen healthcare infrastructure and will serve over 50 million people across Assam and its neighbouring states. Medanta's foray into the region will be transformative, bringing world-class medical expertise, cutting-edge technology and comprehensive care across more than 20 super specialties, including transplants and advanced robotic procedures.
Dr. Naresh Trehan, Chairman and Managing Director of Medanta, shared, "At the Advantage Assam 2.0 Summit, I emphasized the need to bring world-class healthcare to the North East, a region that has long been underserved. Today, with the Board's approval to acquire land in Guwahati and our plans to build a 400-bed super specialty hospital, we are taking a decisive step toward fulfilling that vision. This marks the beginning of a transformative journey to strengthen healthcare infrastructure and deliver advanced medical care closer to millions across Assam and its neighbouring states. At Medanta, we believe that quality healthcare should be a right, not a privilege and through this initiative, we reaffirm our mission to make cutting-edge healthcare accessible to all, no matter where they live."
Highlighting the strategic importance of the expansion, Mr. Pankaj Sahni, Group CEO, Medanta, said, "The North East region is rich in cultural diversity but continues to face a significant gap in access to high-quality healthcare. Guwahati, often regarded as the gateway to the North East, offers strong connectivity across the entire region and is ideally positioned to address this critical need. We are pleased to announce the setting up of a 400-bed super specialty hospital in Guwahati, which will allow us to bridge the healthcare gap and bring world-class, high-end medical care within easy reach of over 50 million people. We are excited to contribute to strengthening the healthcare ecosystem and to serve communities that have long been underserved."
Shares of Global Health Limited was last trading in BSE at Rs. 1201.50 as compared to the previous close of Rs. 1214.75. The total number of shares traded during the day was 4104 in over 505 trades.
The stock hit an intraday high of Rs. 1228.25 and intraday low of 1197.75. The net turnover during the day was Rs. 4967809.00.
