Kotak Mahindra Mutual Fund Stake in Park Medi World Limited Surpasses 5 Percent Threshold

Kotak Mahindra Mutual Fund (KMMF) reported that its holding in Park Medi World Limited rose above 5%. The move followed an open market purchase of equity shares. The holding crossed a key threshold under takeover rules. This meant the fund had to make a regulatory disclosure about the change.

The filing dated March 13 said KMMF earlier held 2,15,91,213 shares. That stake was 4.9988% of Park Medi World Limited’s ownership and voting capital. The fund then bought 1,75,164 more shares in the secondary market. That block equals 0.0405% of the company’s share capital.

After the purchase, KMMF owned 2,17,66,377 equity shares of Park Medi World Limited. The post-deal stake stood at 5.0393% of total shareholding and voting rights. The transaction was executed on March 11, 2026. It was done through schemes run by Kotak Mahindra Asset Management Company Limited.

The disclosure carried the signature of Jolly Bhatt, Compliance Officer. The statement said the equity share capital stayed the same before and after. Park Medi World Limited had 43,19,30,864 equity shares with a face value of Rs 2. Total diluted share capital and voting capital also remained unchanged.

Park Medi World Ltd. (PARKHOSPS) traded at Rs 181.74 on the NSE on March 16, 2026. The time noted was 02:05 PM IST. The stock was down 5.62% from Rs 192.56. It opened at Rs 190.00 and moved between Rs 181.06 and Rs 194.00.

So far, 5,45,557 shares changed hands during the session. The 52-week range ran from Rs 138.10 to Rs 208.72. Valuation data showed a P/E near 29.72. Some TTM estimates placed the P/E at 263.77. Key trading and price details are listed below.

Metric	Value
NSE price (March 16, 2026, 02:05 PM IST)	Rs 181.74
Previous close	Rs 192.56
Day open	Rs 190.00
Day low / high	Rs 181.06 / Rs 194.00
Volume (shares)	5,45,557
52-week low / high	Rs 138.10 / Rs 208.72
P/E (current reading)	29.72
P/E (some TTM projections)	263.77

Park Medi World business and Kotak Mahindra Mutual Fund context

Market attention also followed a Nuvama Wealth Management buy call on Park Medi World Ltd. The brokerage set a target price of Rs 280. The company operates as Park Hospitals. It is the largest private hospital chain in Haryana and the second largest in North India.

By the end of 2025, the group ran 14 NABH-recognised multi-super speciality hospitals. Total bed capacity was 3,250. Management had a pipeline to raise capacity to about 5,260 beds by March 2028. The company also planned to open a multispecialty hospital in Panchkula on March 29, 2026.

Park Medi World Limited raised funds through a December 2025 IPO of Rs 920 crore. The stated purposes included debt repayment and building more hospitals. Separately, Kotak Mahindra Mutual Fund’s purchase lifted the holding past 5%. The filing confirmed no new shares were issued, as capital figures stayed unchanged.