Tickertape - Financial freedom begins here

The board of Global Health at its meeting held today i.e. 27 April 2026, has inter alia, approved execution of a Business Transfer Agreement (BTA) for a 79 bedded Cancer Care Hospital in Indore, assignment of lease deed as part of the transaction and execution of fresh lease for an additional 1,700 sqft of the space within the facility. The target hospital is in close proximity to Company's existing facility in Indore. The hospital is strategically located just 500 meters from Medanta Indore existing facility and will enable seamless integration and operational synergies. The target hospital has been purpose-built with a primary focus on cancer care. The transaction will allow Medanta to further strengthen its presence in the region, enhance its portfolio of tertiary and quaternary care services, and fill the existing specialty gap in oncology.

Kirloskar Pneumatic Company has acquired balance 44.74% equity shares of Systems and Components India (subsidiary company) from the existing Promoter Shareholder of the subsidiary company at a consideration of Rs. 12.55 crore.

Mahindra & Mahindra has completed the execution of a share purchase agreement for acquisition of an additional 28.03% stake in Carnot Technologies from certain promoters of Carnot. Post completion of the transaction, the company's holding in Carnot will increased to 80.72% of the paid-up equity share capital and collectively 89% in terms of voting rights. This increase in stake is in line with the Company's belief in the long-term potential of precision farming and telematics technology. Carnot would continue to be the subsidiary of the company.