Islamabad: Shifa International Hospitals Limited (SIHL) has announced its plan to acquire the remaining shares held by minority shareholders in its subsidiary, Shifa Medical Centre Islamabad (Private) Limited (SMCI), as part of a broader initiative to streamline its operations and strengthen its growth trajectory.
The development was disclosed in a notification submitted to the Pakistan Stock Exchange (PSX) on Monday.
According to the notice, the Board of Directors of SIHL, in its meeting on May 10, 2025, approved the proposal to negotiate with and buy out all minority shareholders of SMCI through share purchase agreements and share transfer deeds.
The transaction is expected to result in the full consolidation of SMCI as a wholly owned subsidiary of SIHL.
This acquisition is intended to simplify the company’s corporate structure by eliminating redundant administrative layers and inter-company dependencies.
As stated in the official notice, the move will also lead to an increase in SIHL’s asset base and overall organizational size, enabling the company to gain from economies of scale and to operate the combined business more efficiently.
Furthermore, SIHL anticipates that this consolidation will pave the way for future business expansion opportunities, positioning the organization for further strategic development.
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The completion of the transaction, however, is contingent upon obtaining all necessary corporate and regulatory approvals.
SIHL, originally incorporated as a private limited company in 1987 and later converted into a public limited company in 1989, is a listed entity engaged in the development and operation of hospitals, medical centers, pharmacies, and laboratory collection points throughout Pakistan.
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This latest strategic decision reflects SIHL’s commitment to enhancing operational integration and fostering long-term growth in the country’s healthcare sector.
