NSEPress Release29 Sept 2026 · 29 Sept 2026, 12:00 pm
Press Release
Global Health Limited · MEDANTA
✦ AI Summary▲ PositiveExpansion
Global Health Limited, the parent company of Medanta, has announced the acquisition of a 10,560 sq. metre land parcel in Ghaziabad, Uttar Pradesh, for approximately ₹165.82 crore. The land parcel is expected to accommodate a 350+ bedded hospital, subject to customary and statutory approvals.
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Full Announcement
Global Health Limited has informed the Exchange regarding a press release dated September 29, 2026, titled "Medanta to expand Healthcare Footprint in Uttar Pradesh with the Acquisition of 10,560 Sq. Metre Land Parcel in Ghaziabad.".
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Date: September 29, 2026
Ref:- GHL/2026-27/EXCH/61
The General Manager The Manager
Dept. of Corporate Services Listing Department
BSE Limited, National Stock Exchange of India Limited
P J Towers, Dalal Street, Exchange Plaza, C-1, Block G,
Mumbai - 400 001 Bandra Kurla Complex,
Bandra (E), Mumbai - 400 051
Scrip Code: 543654 Symbol: MEDANTA
Sub: Press Release
Dear Sir(s),
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed herewith copy of a Press Release issued
by the Company titled as “Medanta to expand Healthcare Footprint in Uttar Pradesh with the
Acquisition of 10,560 Sq. Metre Land Parcel in Ghaziabad” dated September 29, 2026.
Kindly take the above on record.
Thanking you,
Yours faithfully
For Global Health Limited
Rahul Ranjan
Company Secretary & Compliance Officer
M.No. A17035
Encl: a/a
Regd. Office: E-18, Defence Colony, New Delhi 110024, Ph No.011- 44114411 www.medanta.org, info@medanta.org, CIN: L85110DL2004PLC128319
Press Release
29th September, 2026
Medanta to expand Healthcare Footprint in Uttar Pradesh with the Acquisition of 10,560 Sq. Metre
Land Parcel in Ghaziabad
Proposed 350+ bedded hospital on the allotted land parcel to strengthen presence in the high-
growth Delhi-NCR healthcare market
Gurugram, 29th September, 2026: Global Health Limited (NSE: Medanta, BSE: 543654), one of
the largest private multi-specialty tertiary care providers operating in the North and East regions of
India, today announced that it has been allotted a land parcel measuring approximately 10,560 sq.
metres at Siddharth Vihar Yojna, Ghaziabad, Uttar Pradesh, by the Uttar Pradesh Housing &
Development Board (UPAVP).
The land parcel has been allotted for approximately ₹165.82 crore on a freehold basis through an
online auction conducted by UPAVP. The strategically located parcel has the potential to
accommodate the development of a 350+ bedded hospital, subject to customary and statutory
approvals and the approval of the Company’s Board of Directors.
The proposed hospital is expected to further strengthen the Company’s presence in the Delhi-NCR
healthcare ecosystem and provide access to high-quality tertiary and quaternary healthcare
services for the rapidly growing population of Ghaziabad and the surrounding catchment areas.
A strategic opportunity in Ghaziabad
Ghaziabad represents an attractive healthcare market, supported by its large and growing
population, increasing urbanisation, expanding residential and commercial development and its
strong connectivity with Delhi-NCR. The city also serves as an important catchment for neighbouring
areas of eastern Delhi, Meerut, Saharanpur, Hapur, Bulandshahr and western Uttar Pradesh.
The proposed location at Siddharth Vihar provides an opportunity to establish a large-scale
integrated healthcare facility in a strategically located and rapidly developing part of Ghaziabad.
The proposed hospital could enable the Company to address the growing demand for advanced
medical care while leveraging its clinical expertise, brand, technology, medical talent and
established healthcare ecosystem.
Commenting on the acquisition of the land, Mr Pankaj Sahni, Group CEO and Director said,
“We see Ghaziabad as a compelling long-term healthcare opportunity within the broader Delhi-NCR
market. The region has undergone significant urban and economic development and continues to
see increasing demand for advanced, specialised healthcare services. The Siddharth Vihar land
parcel offers us a strategically located platform to potentially develop a large integrated hospital and
extend our clinical capabilities to a wider patient catchment.
The proposed hospital would also complement our existing presence through Medanta Noida,
enabling us to strengthen our healthcare network across the eastern and central parts of the Delhi
Press Release
29th September, 2026
-NCR region and improve access to high-quality tertiary and quaternary care for patients across the
wider catchment.
Our focus will be on building a differentiated healthcare institution that combines clinical excellence,
experienced medical talent, technology and patient-centric care.”
About Global Health Limited (Medanta)
Founded by Dr. Naresh Trehan, a world-renowned cardiovascular and cardiothoracic surgeon who
has been awarded the prestigious Padma Bhushan and the Padma Shri, the third- and fourth-
highest civilian awards in India, and the Dr. B.C. Roy Award in recognition of his distinguished
contribution to medicine.
Global Health Limited (the “Company”) is one of the largest private multi-specialty tertiary care
providers operating in the North and East regions of India, with key specialties cardiac science,
neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and
kidney and urology, according to the report titled “An assessment of the healthcare delivery market
in India, September 2022” by CRISIL Limited.
Under the “Medanta” brand, the Company has a network of six hospitals currently in operation
(Gurgaon, Indore, Ranchi, Lucknow, Patna and Noida). Spanning an area of 5.6 million sq. ft., its
operational hospitals have 3,737 installed beds as on June 30, 2026. It also has five upcoming
hospitals in Mumbai, Delhi (Pitampura, South Delhi), Guwahati and Varanasi. The Company
provides healthcare services in over 30 medical specialties and engages over 2,400+ doctors led
by highly experienced department heads.
For more information visit www.medanta.org or contact:
Global Health Limited
Gaurav Chugh Bhushan Khandelwal
gaurav.chugh@medanta.org bhushan.khandelwal@medanta.org
Tel: 0124 – 4141 414 Tel: 0124 – 4141 414
Safe Harbour Disclaimer
This press release, apart from historical information, contains some "forward-looking statements" including those
describing the Company’s strategies, strategic direction, objectives, future prospects, estimates etc. These forward-
looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ
materially from those suggested by these statements. These factors include, but are not limited to general market
conditions, macro-economic, movements in currency exchange and interest rates, the ability to attract and retain high
quality human resource, competitive pressures, technological developments, governmental and regulatory trends,
legislative developments, and other key factors beyond the control of the Company.
These forward looking statements are based on information currently available to us, and we assume no obligation to
revise these statements as circumstances change. The Company may alter, modify or otherwise change in any manner
the content of Presentation/Press Release, without obligation to notify any person of such revision or changes.