PARKHOSPS2026-09-16PARKHOSPS2026-09-16in-capmkt:ArrangementsForStrategicOrTechnicalOrManufacturingOrMarketingTieUpMemberPARKHOSPSPARK MEDI WORLD LIMITED544645NOTLISTEDINE119201023Arrangement/Adoption of new line/Closure of operations (Sub-para 2-Para B)Arrangements for strategic, technical, manufacturing, or marketing tie upNewfalse2026-09-1609:45:002026-09-16AgreementAxis Educational Society (“AES”)Operation and Management Agreement between Aggarwal Hospital and Research Services Private Limited (“AHRSPL”), a wholly-owned subsidiary of the Listed Entity, and AES.DomesticNot ApplicableAES owns a 300-bed multi-super speciality hospital under the name “Axis Hospital and Research Centre” located at Milestone – 478, Chakeri Ward, Hathipur, Rooma, NH – 2, Kanpur, Uttar Pradesh – 209402 (“Hospital”). The 300-bed facility, spread over approximately 1.2 lakh square feet of covered area. Prior to its commissioning by the end of the current financial year, the Hospital will be renovated and re-equipped to offer a comprehensive range of multi-super speciality services to Kanpur and its surrounding catchment.AHRSPL shall pay to AES a revenue share equivalent to 6% of the collections subject to applicable taxes with minimum guaranteed amount of INR 20,00,000 per month inclusive of GST during the First Year from the Effective Date of the aforesaid agreement, thereafter, INR 20,00,000 (Rupees Twenty Lac only) per month plus GST.Park Group will assume complete operation and management of the hospital on an asset-light basis — investing in renovation, modernisation and medical equipment, and operating the facility under a long-term arrangement without an upfront acquisition of land or building. The effective date of the said Operation and Management Agreement shall be no later than April 01, 2027.falseThe Hospital currently has a capacity of 300 beds.The arrangement extends Park Group's growing footprint in Uttar Pradesh and reinforces the Group's strategy of building density in the State through a deliberate mix of owned, PPP and asset-light operating models.