NSEGeneral Updates3d ago · 28 Oct 2026, 08:41 pm

General Updates

Krishna Institute of Medical Sciences Limited · KIMS

✦ AI SummaryLitigation

Krishna Institute of Medical Sciences Limited has informed the Exchange about General Updates regarding a legal case against the Andhra Mahila Sabha Trust, where the company is a defendant. The case concerns the administration of the Trust and the lease transaction for a hospital project. The company's rights and interests under the lease agreement remain intact, and the project's commercial viability is unaffected.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment5/10

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Krishna Institute of Medical Sciences Limited has informed the Exchange about General Updates

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KIMS_28102026204050_General_Update_signed.pdf

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28th October 2026 The General Manager, The Manager, Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited, Phiroze Jheejheebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Plot No. C/1, 'G' Block, Mumbai - 400 001. Bandra - Kurla Complex, Scrip Code - 543308 Mumbai - 400 051. ISIN: INE967H01025 Symbol - KIMS ISIN: INE967H01025 Dear Sir/Madam, Sub: General update - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further to the earlier intimation dated December 21, 2025, regarding the Company’s execution of a Leave and Licence Agreement with the Andhra Mahila Sabha Trust (a public charitable trust) [“Trust” hereinafter] for taking on a long-term lease land admeasuring approximately 1.168 acres (equivalent to 21.19 Grounds), located at Dr. Durgabai Deshmukh Road, Raja Annamalai Puram, Chennai, Tamil Nadu-600028, for the establishment of a Super Speciality Hospital, the following update is being provided for the information of the general public. Mrs. Lakshmi Murthy and Ms. Vidya Gajapathi Raju Singh, as plaintiffs seeking to institute a representative suit in the interest of the public, initiated proceedings under Section 92 of the Code of Civil Procedure, 1908, questioning the administration and functioning of the Trust, including the manner in which the aforesaid lease transaction was undertaken wherein the Company was arrayed as a party being the Defendant No. 12. On July 29, 2026, the learned Single Judge granted leave to institute the suit against the Defendants therein. The Trust’s appeal against the said order was dismissed by the Division Bench on September 15, 2026, and the interim stay was vacated, thereby permitting the suit proceedings to continue. Thereafter, the Company approached the Hon’ble Supreme Court by way of a Special Leave Petition, which was dismissed on October 27, 2026. In this regard, it is clarified that the aforesaid proceedings relate to issues concerning the administration of the Trust. The proceedings remain pending adjudication on their merits, and no final determination has been made in respect of the allegations raised. The aforesaid proceedings remain pending adjudication on their merits. However, no order of injunction or stay restraining the Company from proceeding with the project has been passed in the said proceedings. Since the Company’s rights and interests under the Leave and Licence Agreement subject to its terms and applicable law, continuous to prevail, the project’s commercial viability and underlying value remain intact. Thanking you, Yours truly, For Krishna Institute of Medical Sciences Limited Nagajayanthi J.R Company Secretary & Compliance Officer