Gian Life Care Limited announced that its Board of Directors, at a meeting held on February 23, 2026, approved an agreement to provide Hospital Lab Management Services to M/s. Brahma Hospital (HUF), a multispecialty medical care hospital in Roorkee, Uttarakhand.
The collaboration aims to strengthen Gian Life Care's market position in diagnostic and related healthcare services in the Roorkee region. The agreement is expected to boost the company's annual revenue by approximately INR 1 Crore and increase net profit by INR 18-20 Lakhs annually.
Key terms include an initial 5-year term commencing March 1, 2026, with consideration based on business revenues generated through the partnership. There is no shareholding exchange or JV ratio involved, and the transaction does not qualify as a related party transaction, with no promoter or group company interests in Brahma Hospital.
The domestic agreement enhances Gian Life Care's service footprint without any specified financial outlay beyond revenue-sharing arrangements. Brahma Hospital (HUF) operates as a family-run entity providing multispecialty medical care.
Shares of Gian Life Care Ltd was last trading in BSE at Rs. 8.13 as compared to the previous close of Rs. 8.55. The total number of shares traded during the day was 3106 in over 27 trades.
The stock hit an intraday high of Rs. 8.95 and intraday low of 8.13. The net turnover during the day was Rs. 25257.00.