Krishna Institute of Medical Sciences Share price

The Company was incorporated as ‘Jagjit Singh and Sons Private Limited’ a private limited company under the Companies Act 1956 with a certificate of incorporation issued by the Registrar of Companies Maharashtra on July 26 1973 at Mumbai. the Company changed the location of its registered office from the State of Maharashtra to the erstwhile State of Andhra Pradesh pursuant to an order dated January 29 2003 by the Company Law Board Western Region Bench Mumbai (“Order”) and the registration of the Order vide certificate of registration dated February 21 2003 by the RoC (then the Assistant Registrar of Companies Andhra Pradesh). Subsequently the name of the Company was changed to ‘Krishna Institute of Medical Sciences Private Limited’ pursuant to a letter of approval from the GoI dated January 2 2004 and a fresh certificate of incorporation issued by the RoC on January 2 2004. Pursuant to the conversion of the Company to a public limited company the name was changed to ‘Krishna Institute of Medical Sciences Limited’ and the RoC issued a fresh certificate of incorporation on January 29 2004. Until the year 2003 the Company was owned managed and controlled by Jagjit Singh and certain of his family members who together owned the entire shareholding of the Company. On February 15 2003 acting in pursuance of the Takeover MoU certain of the Promoters namely Dr. Bhaskara Rao Bollineni and BRMH along with certain other individuals and entities acquired the entire equity share capital of the Company (then ‘Jagjit Singh and Sons Private Limited’). We have not been able to trace the complete set of documents pertaining to corporate accounting financial legal and other statutory records including any supporting documents and/or RoC filings for the period prior to the Takeover MoU. Therefore we are unable to conclusively ascertain amongst others all amendments to the Memorandum of Association of the Company until February 2003.Major events and milestones of the Company :2000- KIMS Nellore established by BRMH. The business division of BRMH including the hospital was transferred to the Company pursuant to the 2012 Scheme.2004- KIMS Secunderabad established by the Company2010- Investment by Milestone Private Equity Fund (“MPEF”) in the Company2014- KIMS Kondapur established by KHEPL the Subsidiary*- Acquisition of 57.83% of the equity shareholding of Arunodaya Hospitals Private Limited2015- Investment by India Advantage Fund (“IAF”) and Emerging India Fund (“EIF”) and exit of MPEF from the Company pursuant to the share purchase agreement dated June 23 2014 entered into between amongst others IAF EIF and MPEF2017- Acquisition of KIMS Ongole by way of slump sale agreement2019- Acquisition of 51% of the equity shareholding of ICIMSPL- Acquisition of 80% of the equity shareholding of SIMSPL- Investment by General Atlantic in the Company and exit of IAF and EIF from the Company pursuant to the share purchase agreement dated June 14 2018 entered into between amongst others General Atlantic IAF and EIF2020-Acquisition of 55% of the equity shareholding of KHKPL Awards and Accreditations :2008- KIMS Secunderabad received its first ISO 9001-2008 certification from AQA International LLC2011- KIMS Secunderabad received its first accreditation from NABH2015- KIMS Secunderabad was awarded the ‘Healthcare Excellence Award’ by the Indo Global Healthcare Summit and Expo- KIMS Secunderabad was awarded ‘Nursing Excellence’ award by AHPI- KIMS Secunderabad was accredited with ISO 9001:2015 certification2016- The neurology department at KIMS Secunderabad was ranked third in India by the Neurology India Journal in terms of number of epilepsy surgeries carried out in the year 2016 (until July 31 2016)2017- KIMS Secunderabad was awarded by AHPI as a ‘Patient Friendly Hospital’- KIMS Secunderabad became laureate of the Asia Pacific Society of Infection Control CSSD Center of Excellence Silver Award 2015-2016- KIMS Secunderabad was awarded ‘Best Hospital of the Year’ in the multispecialty hospital category in Hyderabad and eight other specialities by Times Healthcare Achievers Awards2019- KIMS Secunderabad received certificate of excellence in the category of ‘Best Super-Speciality Hospital in Telangana’ at the National Quality Excellence Awards 2019 hosted by Praxis Media Institute- KIMS Secunderabad was awarded ‘Best Hospital to Work For’ from AHPI Global Conclave- KIMS Secunderabad was recognised as the ‘Energy Efficient Unit’ at the 20th National Award for Excellence in Energy Management 2019 hosted by CII- KIMS Secunderabad was accredited by NABL- KIMS Secunderabad was issued ISO 22000:2005 certificate for receipt storage preparation cooking hold and serving of food items (vegetarian and non-vegetarian) within the hospital by TUV NORD Cert GmbH- KIMS Kondapur was awarded by the MOHFW under the Kayakalp Guidelines established by MOHFW for its efforts towards excellence in promoting cleanliness hygiene and infection control in the hospital for the year 2019-20- KIMS Nellore was issued a certificate of accreditation by NABH for being compliant with NABH pre-accreditation entry level hospital requirements2020- KIMS Secunderabad ranked the third best hospital in Hyderabad by The Week magazine- KIMS Secunderabad was issued a certificate of accreditation for being compliant with the ‘NABH Standards for Emergency Department in Hospitals’ by the National Accreditation Board for Hospitals and Healthcare Providers- KIMS-Livlife Centre ranked third in Bariatrics Category (Hospitals) in Hyderabad at the Times Excellence Award 2019-20 Hyderabad- KIMS Kondapur was accredited with a certificate of assessment for exhibition of its intent and commitment towards ensuring safety and hygiene at workplace by IRClass Systems and Solutions Private Limited2021- The cardiology emergency and trauma nephrology and neuroscience departments of KIMS Hyderabad were ranked first in the Hyderabad Multi Speciality category in the Times of India Hyderabad All India Critical Care Hospital Ranking Survey 2021- The oncology paediatrics gastroenterology and hepatology and urology departments of KIMS Hyderabad were ranked second in the Hyderabad Multi Speciality category in the Times of India Hyderabad All India Critical Care Hospital Ranking Survey 2021- The emergency and trauma and nephrology departments of KIMS Hyderabad were ranked second in the South Multi Speciality Category in the Times of India Hyderabad All India Critical Care Hospital Ranking Survey 2021