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Birla Pacific Medspa Ltd. Company History and Annual Growth Details

Our Company was incorporated on 15th July 2008 under the name and style of Birla Pacific Medspa Private Ltd. and our Company was converted into a Public Limited Company and the name was changed to Birla Pacific Medpsa Limited on 14th July 2010.

Major events in the History of Our Company:

April 15, 2008
Joint Venture Agreement was entered into between the Yash Birla group and Pacific
Healthcare, a company incorporated under the laws of Singapore and its associate Dr.
Abhijit Desai to form our company namely Birla Pacific Medspa Pvt. Ltd.

July 15, 2008
Our company was incorporated under the name style of M/s Birla Pacific Medspa Private

November 14, 2008
Business Transfer Agreement (as amended by supplemental agreement dated 18th March
2009) between our Company & Pachealth Medical Services Private Limited for the
purchase of the business undertaking of the latter on a slump-sale basis as a going concern
and completed acquisition of Business Undertaking of PacHealth Medical Services Private
Limited and commenced med spa operations at Prabhadevi in Mumbai under the brand
name Evolve.

Febuary 2, 2009
Opened centre at Walkeshwar, Mumbai,

February, 2009
Started Franchisee centre at Thane, Maharashtra

March 2009
Agreement with Bennet Coleman & Co. Ltd. for subscription to warrants entitling BCCL
to apply for equity shares of our company for an aggregate amount of Rs. 1500 lacs.

April 7, 2009
Opened centre at Bandra, Mumbai.

May 2009
Started Franchisee centre at Chennai, Tamil Nadu

January 13, 2010
Opened centre at Andheri in Mumbai

March 2010
Prabhadevi centre merged with Bandra centre thus expanding the scope of services at
Bandra centre

August 2008 /May 2010
Application for registration of Trade Marks 'Evolve'

June 25, 2010
Consequent upon the shareholding of PHH reducing below 25% in the JV, the JV
agreement stands automatically terminated pursuant to clause no. 17.1 of the JV agreement
dated 15th April 2008.

July 14, 2010
Converted into Public Limited company and name modified to Birla Pacific Medspa Ltd

July 2010
Evolve MedSpa won the 'Best Med Spa' of The Year 2010 Award by Vogue, the up
market fashion and lifestyle magazine in India.

August 2010
Started i-lipo first time at Evolve

August 14, 2010
Opened centre at Borivali, Mumbai

October 18 2010
Opened centre at Atria Mall, Worli, Mumbai

December 21 2010
BPML had signed a Limited Liability Partnership Agreement with 7 Gynecologists from
Mumbai to form a 'Birla IVF LLP'