Article: KOVAI MEDICAL UPDATES ON ITS NEW ACQUISITION

Report from the India Press Release brought to you by the Hindustan Times

MUMBAI, India, March 21 -- The Bombay Stock Exchange of India made the following corporate announcement:

Kovai Medical Center & Hospital Ltd., has informed BSE that the Company has entered into a Memorandum of Understanding (MOU) with Idhayam Hospitals Erode Ltd., on February 27, 2007, at Erode in Tamil Nadu.

Idhayam Hospitals Erode Ltd., has been incorporated as a Public Limited Company in the year 2001 and its registered office is situated at 181 Perundurai Road, Erode in Tamil Nadu. It is proposed to acquire 100% stake of the transferor ...

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