Narayana Hrudayalaya announced that Health City Cayman Islands (HCCI), the step-down subsidiary of the Company
running an existing hospital in the Cayman Islands is expanding to a new location in the Camana Bay
Development area of Grand Cayman, the largest of the three islands which constitutes the self governing territory of Cayman Islands.
HCCI is currently offering tertiary healthcare services to medical
tourists and Caymanians from its existing unit in East End, which is located about 30 KMs away from
George Town, the capital and hub of prominent activity of the nation.
The objective of the new facility is to expand the scope of superspecialty treatment options offered
Narayana Hrudayalaya said that it has discontinued operations of its heart center based in the premises of IQ City Hospital in Durgapur, West Bengal.
The healthcare chain operator said it has discontinued its operations of its heart center-based in the premises of IQ City Hospital in Durgapur, West Bengal under an agreement with IQ City Foundation (formerly known as SPS Synergy Foundation).
Further, the company's unit was disposed on a going-concern basis to IQ City Foundation as per the agreement executed on 6 January 2021. The unit was sold to IQ City Foundation for an amount of Rs 4.51 crore.
Shares of Narayana Hrudayalaya fell 0.08% to Rs 451.95 on BSE. The announcement was made on Saturday, 9 January 2021.
Narayana Hrudayalaya has discontinued its operations of the Heart Centre which was operated in the premises of IQ City Hospital in Durgapur, West Bengal under an Agreement with IQ
City Foundation (formerly known as SPS Synergy Foundation).
Further, the said Heart Centre was disposed on a going-concern basis to IQ City Foundation vide agreement executed on 6 January 2021 and the transition to IQ City is being done.
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