CCI Clears Apollo Hospitals’ Stake Hike in Apollo Health and Lifestyle

23 Jan 2026 CW Team

Under the approved proposed combination, Apollo Hospitals Enterprise will acquire an additional 30.58 per cent shareholding in Apollo Health and Lifestyle. Prior to the transaction, the acquirer held a 68.84 per cent stake in the target company. Following completion of the acquisition, Apollo Hospitals Enterprise’s shareholding will rise to 99.42 per cent, giving it virtually full control over the entity.

Apollo Hospitals Enterprise is a publicly listed company and the flagship parent of the Apollo Hospitals group, one of India’s largest integrated healthcare providers. The group operates across multiple segments of the healthcare value chain, including hospitals, pharmacies, diagnostics, digital health and other allied healthcare services.

Apollo Health and Lifestyle is engaged in providing primary and secondary healthcare services across India. Its operations include a network of clinics offering outpatient care, diagnostic services and telemedical consultation, catering to a wide range of patients with an emphasis on accessible and preventive healthcare.

The Competition Commission, after examining the proposed transaction, concluded that the acquisition is not likely to have an appreciable adverse effect on competition in the relevant markets in India. Accordingly, the regulator granted its approval under the provisions of the Competition Act, 2002.

With the increase in stake, Apollo Hospitals Enterprise is expected to further strengthen integration within its healthcare ecosystem, potentially enabling greater operational efficiencies, streamlined decision-making and enhanced alignment of strategy across its healthcare delivery platforms.

The detailed order of the Commission outlining the assessment and rationale for approval will be issued separately, the CCI said.

The Competition Commission of India (CCI) has approved the acquisition of an additional equity stake in Apollo Health and Lifestyle by Apollo Hospitals Enterprise, clearing the way for near-complete ownership of the company by the Apollo Hospitals group.Under the approved proposed combination, Apollo Hospitals Enterprise will acquire an additional 30.58 per cent shareholding in Apollo Health and Lifestyle. Prior to the transaction, the acquirer held a 68.84 per cent stake in the target company. Following completion of the acquisition, Apollo Hospitals Enterprise’s shareholding will rise to 99.42 per cent, giving it virtually full control over the entity.Apollo Hospitals Enterprise is a publicly listed company and the flagship parent of the Apollo Hospitals group, one of India’s largest integrated healthcare providers. The group operates across multiple segments of the healthcare value chain, including hospitals, pharmacies, diagnostics, digital health and other allied healthcare services.Apollo Health and Lifestyle is engaged in providing primary and secondary healthcare services across India. Its operations include a network of clinics offering outpatient care, diagnostic services and telemedical consultation, catering to a wide range of patients with an emphasis on accessible and preventive healthcare.The Competition Commission, after examining the proposed transaction, concluded that the acquisition is not likely to have an appreciable adverse effect on competition in the relevant markets in India. Accordingly, the regulator granted its approval under the provisions of the Competition Act, 2002.With the increase in stake, Apollo Hospitals Enterprise is expected to further strengthen integration within its healthcare ecosystem, potentially enabling greater operational efficiencies, streamlined decision-making and enhanced alignment of strategy across its healthcare delivery platforms.The detailed order of the Commission outlining the assessment and rationale for approval will be issued separately, the CCI said.

Infrastructure Urban

20 Mar 2026

Lemon Tree Hotels Signs Resort In Lonavala Maharashtra

Lemon Tree Hotels Limited (LTHL) has signed a licence agreement for Lemon Tree Resort in Lonavala, Maharashtra, with the asset to be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of LTHL. The resort will offer 50 well appointed rooms and will include a restaurant, banquet, meeting room, swimming pool, spa and fitness centre. The company described the addition as part of its strategy to expand branded resort offerings in key getaway destinations. Lonavala, located in the Sahyadri hills, is a popular leisure destination in western India known for scenic landscapes and a ..

Infrastructure Urban

20 Mar 2026

Kalai Chettinad Art And Architecture Festival At The Lotus Palace

The Lotus Palace Chettinad will host Kalai, the Chettinad Art and Architecture Festival, a four-day, three-night immersive celebration of the artistic legacy of Chettinad from three to six April 2026. The event has been organised by Apeejay Surrendra Park Hotels Limited (ASPHL) and will take place across restored heritage properties in Chettinad. It will be designed to offer guests a layered experience of place, structure and story that connects art, architecture and living traditions. The festival aims to present a confluence of global influences and local aesthetics. Kalai has been curated i..

Infrastructure Energy

20 Mar 2026

SJVN Reaches One bn Units At 1,000 MW Bikaner Solar Project

SJVN Limited (SJVN) has reached a milestone with its 1,000 megawatt (MW) Bikaner Solar Power Project by generating one bn units of electricity on 20 March 2026. The achievement underscores the company's role in supplying clean and sustainable energy to the national grid. The generation milestone was recorded within months of the project commencing operations and highlights rapid performance from the new facility. The Bikaner project, located in Bikaner district of Rajasthan, has been developed and implemented by SJVN Green Energy Limited (SGEL) under the Central Public Sector Undertaking Schem..