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Twenty First Century Management Services Ltd

Narayana Hrudayalaya Ltd

BSE : 539551|NSE : NH|ISIN : INE410P01011

Narayana Hrudayalaya Ltd Company History

Narayana Hrudayalaya is primarily engaged in the business of rendering medical and healthcare services. The Company was rebranded as ‘Narayana Health’ in 2013. It has a network of multispecialty and superspeciality hospitals spread across multiple locations. The Company owns and operates certain hospitals and also enters into management agreements with hospitals under which the Company acquires the operating control of the hospitals.

2000
2008
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2021
2022
2023

2000

Commenced operations from NICS in Bengaluru

2000

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2008

The Company entered into an investment agreement with the investor Selling Shareholders for the purpose of subscription by the investor Selling Shareholders to 75,414 Equity Shares of 10 each of the Company (in the aggregate) for a purchase price of 53,040.55 (approximately) per share, including share premium of 53,030.55 (approximately) per share

2008

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2010

India Healthcare award by CNBC & ICICI Lombard under the category – Specialty hospital – Cardiology

2010

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2011

NICS received accreditation from the JCI

Outstanding contribution to the society through CSR programs award conferred by CSR Thought Leadership Conclave organised by Wockhardt Foundation

2011

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2012

Narayana Multispeciality Hospital, Jaipur received accreditation from the JCI

Ranked 36th in the World's 50 Most Innovative Companies by Fast Company

Healthcare Excellence award for Addressing Industry Issues conferred by the Federation of Indian Chambers of Commerce and Industry

India Healthcare Excellence award conferred by Frost and Sullivan

2012

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2013

India Healthcare Excellence award conferred by Frost and Sullivan

Financial Times Arcelor Mittal Boldness in Business awards under the category - CSR/Environment

Porter Prize for Industry Architectural Shift

Inc. India Innovation 100 award

Philanthropy award by Forbes India – Good Company award

"Narayana Hrudayalaya – Malla Reddy Hospital" received accreditation from the NABH

2013

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2014

Acquired AHDL

Acquired the Jubilant Kalpataru Hospital, Barasat, West Bengal

the Company entered into a securities subscription agreement with CDC Group and CDC IOL for subscription to the Equity Shares and OCDs aggregating to 3,000,061,460.20

RTIICS received accreditation from the NABH

MSMC received accreditation from the NABH

2013-2014

State Export Excellence award under the category – Overall Service Sector

Gold award conferred by Asian Hospital Management under the category 'Customer Service

ABP news Brand Excellence award under the category' Healthcare and Hospitals

Super Specialty Hospital of the year award conferred by Hero Cycles’ India Health and Wellness awards 2014

Mentioned in the Boston Consulting Group Local Dynamo List for Operational Excellence

2014

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2015

Obtained JCI accreditation for HCCI's multispecialty hospital in Cayman Islands

Healthcare Leadership award under the categories - Social Cause, Healthcare and Social Care Support and CEO of the year

HCCI obtained accreditation from the JCI for its facility in Grand Cayman, the Cayman Islands

Public Health Champion award under the category - Innovation conferred by the WHO, India

2015

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2016

Healthcare India Health & Wellness Awards for Health Brand of the Year.

CSR Award to NH Jaipur at the 2nd annual Elets Healthcare Summit Rajasthan.

6th ICICI Lombard & CNBC TV 18 India Healthcare awards, NICS awarded Best Single Specialty Hospital- Cardiology.

Price/Performance Value Leadership Award by Frost & Sullivan India.

Best Risk Management Framework & Systems Healthcare by the 3rd edition of the ICICI Lombard CNBC TV18 India Risk Management Award.

2016

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2017

Narayana Hrudayalaya Ltd. has informed that pertaining to order passed by Regional Director-Hyderabad approving the Scheme of Amalgamation under Section 233 of the Companies Act, 2013.

2017

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2018

Narayana Hrudayalaya Hospitals Malaysia Sdn Bhd , was registered as a wholly owned subsidiary of Narayana Hrudayalaya Limited ('NHL') on 27 September 2011 to set up and operate cardiac facilities in Malaysia. However, NHL had decided to terminate the project at its initial stages in FY 2014-15 due to various changes in the regulatory framework of Malaysia which made the project unviable.

In view of the above NHL had decided to wind-up the said subsidiary in Malaysia. The subsidiary had commenced the process of Members' Voluntary Winding-up in 2017 as per the extant provisions of the Malaysian company law. The liquidation of the subsidiary has been completed and as per the search report from Companies Commission of Malaysia dated 24th April 2018, the status of the subsidiary is confirmed as dissolved.

In this regard, as per Circular Number CIR/CFD/CMD/4/2015 dated September 09, 2015 pertaining to continuous disclosure requirements for Listed Entities under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015,

2018

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2019

Narayana Hrudayalaya Ltd. has informed that regarding ''Discontinuation of Hospital Project in Kenya ''.

Narayana Hrudayalaya Ltd. acquired a Wholly-owned subsidiary, ''Narayana Health North America LLC'' in the United States of America

2019

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2021

Narayana Hrudayalaya Ltd. has informed that regarding ''Merger of Narayana Cayman Holdings Limited, a wholly owned subsidiary of Narayana Hrudayalaya Limited with Health City . Cayman Islands Limited, step down subsidiary of the Company''.

2021

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2022

Excellence in Cardiology, Iconic Multispeciality Hospital of Rajasthan and Excellence in Cardiac Surgery.

Best Multispeciality Hospital in Rajasthan at Rajasthan Healthcare Summit and Doctors's Award.

Excellence in Neuro Sciences at All India Critical Care Hospital Ranking Survey 2022.

2022

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2023

Narayana Hrudayalaya completes acquisition of ENT in Cayma.

2023

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