Krishna Institute of Medical Sciences Limited ("the Company") has entered into an agreement to lease to take 2 acres of land on lease in Amaravati, Andhra Pradesh, for a period of 60 years from Andhra Pradesh Capital Region Development Authority (APCRDA) for the development of a new state-of-the-art 500 bedded multi-speciality hospital.
The proposed multi-speciality hospital will offer comprehensive tertiary and quaternary care across cardiology, oncology, neurosciences, gastroenterology, orthopaedics, mother & child care, critical care, organ transplant and other key specialties, addressing a long-standing need for advanced healthcare infrastructure in the region. Patients in Amaravati and surrounding districts of Andhra Pradesh will gain access to high-end clinical capabilities without travelling to other metros.