Global Health Ltd. Company History and Annual Growth Details

Our Company was incorporated as ‘Global Health Private Limited’ on August 13, 2004 at New Delhi, India as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation by the RoC. Our Company was then converted into a public limited company under the Companies Act, 2013, pursuant to a special resolution passed by our Shareholders in the EGM held on July 31, 2021 and consequently, the name of our Company was changed to ‘Global Health Limited’ and a fresh certificate of incorporation dated August 11, 2021 was issued by the RoC.

Milestones:

2009

Gurugram hospital was established

2011

-Received the NABH accreditation for Gurugram hospital

-Received the NABL accreditation for Gurugram hospital

2013

-Carlyle (i.e., Investor Selling Shareholder) invested in our Company

-1st Joint Commission International (“JCI”) accreditation for the hospital at Gurugram

2014

-Received the NABH (blood bank) accreditation for Gurugram hospital

-Entered into a 27-year lease for hospital at Indore

2015

-Temasek invested in our Company

-Entered into a 15-year lease for hospital at Ranchi

-Our subsidiary, GHPPL, entered into a 33-year concession agreement with Governor of Bihar for the development, operation and maintenance of a proposed hospital on public-private partnership at Patna

2016

-Received the NABH accreditation for Indore hospital

-Entered into a 90-year lease for our hospital at Noida (which is under construction)

2018

Received the NABH accreditation for Ranchi hospital

2019

Commencement of operations of new hospital at Lucknow

2020

-Patna hospital’s outpatient department facility launched

-Gurugram hospital outpatient department pharmacy taken in-house

-Received the Research Ethics NABH accreditation

2021

-Lucknow hospital outpatient department pharmacy taken in-house

-Indore hospital outpatient department pharmacy taken in-house

-Ranchi hospital outpatient department pharmacy taken in-house

-Launch of outpatient department pharmacy at south Delhi clinic

2022

-Patna hospital’s inpatient department facility commenced operations

-Received the NABH accreditation for Lucknow hospital

-Launch of Patna hospital outpatient department pharmacy

2024

-The Company has approved the scheme of Amalgamation between the Company and Medanta Holdings Private Limited, wholly-owned subsidiary of the Company.

-The Company have approved the acquisition of land parcel measuring 8859.24 sq. meters, on lease basis, offered by Mumbai Housing and Area Development Authority (MHADA) under online e-tenders, at a bid amount  of Rs 125.11 crores (approx.), situated at Mauje-Oshiwara, Jogeshwari, CTS No. 31, 32 (part), 33 (part), 37 (part), Mumbai, Maharashtra.

-Global Health Limited has been granted of 17,50,000 Equity Shares for Primary Allotment and 53,70,147 Equity Shares (i.e. 2% of the paid-up capital of the Company as on March 31, 2024 for Secondary Acquisition under GHL LTIP 2024 Schemes)

2025

-Company has purchased land from Assam Electricity Grid Corporation limited to establish super specialty hospital at Guwahati at a consideration of Rs. 30 Crores.

-Global Health Limited (Medanta) has commenced construction for its upcoming 400+ bed super-specialty hospital in Guwahati.