Narayana Hrudayalaya Limited announced on February 20, 2026, the successful acquisition of a significant immovable property in Bengaluru. The land parcel measures approximately 3.3 acres, featuring existing buildings totaling nearly 36,475.96 square meters. This strategic purchase, located in Electronic City, is intended to support the company’s future technology initiatives, including a new software development center and a Global Capability Center, aligning with its broader expansion strategy.
Strategic Immovable Property Acquisition Confirmed
Narayana Hrudayalaya Limited has formally intimated the acquisition of a substantial piece of immovable property located in the southern part of Bengaluru. The transaction was finalized on February 20, 2026, marking a key step in the company’s ongoing growth and infrastructure development plans.
Key Details of the Asset Purchase
The purchased asset comprises land measuring approximately 3.3 acres. Accompanying the land are existing structures and buildings that provide built-up space amounting to approximately 36,475.96 square meters. The location is specified as Electronic City, a major technology hub.
Purpose of Acquisition
This strategic acquisition is directly linked to the company’s future operational goals. The newly acquired property will be utilized primarily for the purpose of expanding the company’s technological footprint. Specific planned uses include facilitating software development, establishing a Global Capability Center (GCC), and generally supporting the pursuit of the company’s long-term business expansion plans.
Source: BSE