Global Health Limited receives land allotment in Ghaziabad for hospital project
What happened
Global Health Limited received a letter from the UP Housing & Development Board (UPAVP) on September 26, 2026, regarding a land allotment in Ghaziabad, Uttar Pradesh. The allotment covers a parcel of land measuring 10560.36 sq. meters, suitable for a 350+ bedded hospital. The company received the notice on September 28, 2026, and the acquisition is valued at approximately Rs 165.82 crores on a free hold basis.
From equitybulls.com
Why it matters
The company is currently evaluating the next steps and developing a detailed project plan for the proposed hospital site. The project is contingent upon the approval of the company's Board of Directors to move forward with the major infrastructure development. Shares of Global Health Limited were trading at Rs 1495.30 on the BSE during the day.
From equitybulls.com
Who's involved
- companyCompany seeking board approval for a major hospital project
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The entities involved
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Uttar Pradesh
state in northern India
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Ghaziabad
city in the Indian state of Uttar Pradesh
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board of directors
group of people who jointly supervise the activities of an organization