Fortis Healthcare Limited, through its subsidiary International Hospital Limited, has completed the acquisition of Suguna Ramaiah Hospitals Private Limited (“Suguna”) and its associated land and building. The transaction, valued at approximately INR 277 Crores, is structured as a slump sale and is expected to bolster Fortis’s presence in Bengaluru’s North-West catchment area. This acquisition aligns with the company’s growth strategy, adding approximately 110 beds with potential for expansion.
Fortis Healthcare Expands Bengaluru Presence with Hospital Acquisition
Fortis Healthcare Limited announced today the completion of its acquisition of Suguna Ramaiah Hospitals Private Limited (“Suguna”) and its underlying land and building. The transaction, which was consummated on October 28, 2026, was undertaken by Fortis’s wholly-owned subsidiary, International Hospital Limited (IHL).
Key Acquisition Details
- Target Entity: Suguna Ramaiah Hospitals Private Limited (“Suguna”) and its business operations, along with land and building at Dr. Rajkumar Road, Rajajinagar, Bengaluru.
- Transaction Value: The cumulative transaction value for the Proposed Transaction is approximately INR 277 Crores.
- Deal Structure: The acquisition comprises the entire business operations and assets of Suguna on a slump sale basis, including the hospital land and building.
- Acquisition Rationale: This strategic move aligns with Fortis Healthcare’s cluster-focused inorganic growth strategy. It aims to strengthen the company’s network in Bengaluru, specifically in the North-West Bengaluru corridor, which is considered an underserved catchment area. The addition of Suguna Hospital is expected to enhance Fortis’s presence and service delivery capabilities in the region.
About Suguna Hospital
Suguna Hospital is a tertiary-care, multi-speciality hospital located in Rajajinagar, Bengaluru. Commissioned in 2006, the facility currently operates with 110 beds and has the potential to scale up to approximately 150 beds. For the financial year ended March 31, 2026 (FY26), the hospital recorded revenues of approximately INR 50 Crores.
Strategic Impact and Future Outlook
The acquisition positions Fortis as a leading healthcare provider in the North-West Bengaluru corridor, complementing its existing facilities. The company plans investments in upgrading medical infrastructure, expanding clinical programs, and increasing bed capacity at the Suguna facility. This expansion is anticipated to leverage Fortis’s existing brand presence and enhance the facility’s overall performance, contributing to the company’s goal of achieving approximately 1000 operational beds in Bengaluru, including its O&M facilities.
Source: BSE
