Unihealth Hospitals Elevates East Africa Strategy, Securing Near-Complete Control of High-Growth Victoria Hospital

Mumbai, July 04, 2026 – Unihealth Hospitals Limited (NSE: UNIHEALTH), a burgeoning healthcare delivery platform spanning India and East Africa, today unveiled a significant strategic move set to reshape its international footprint. The company announced its board’s approval to acquire an additional 49.81% equity stake in Victoria Hospital Limited (VHL) in Uganda, propelling Unihealth’s ownership to a commanding 99.81%. This near-complete takeover transforms VHL into an almost wholly-owned subsidiary, promising substantial benefits for Unihealth shareholders.

This isn’t merely an ownership shuffle; it’s a calculated consolidation of Unihealth’s fastest-growing and most profitable overseas asset. Victoria Hospital has demonstrated exceptional financial vigor, with revenue soaring over 90% and profit after tax expanding nearly seven-fold in the last three financial years (FY2023-24 to FY2025-26). Its impressive operating leverage has cemented its position as a leading tertiary healthcare institution in Uganda.

Crucially, the acquisition is structured as a strategic share swap, preserving Unihealth’s cash reserves while enhancing financial flexibility for future expansion. Beyond its sterling performance, Victoria Hospital boasts two powerful advantages: a 10-year corporate income tax holiday until June 2034, ensuring higher free cash flows, and a debt-free balance sheet, which eliminates interest costs and provides significant borrowing capacity for future growth.

This move streamlines Unihealth’s group structure, aligns almost all of Victoria Hospital’s economic benefits with Unihealth shareholders, and solidifies its East African growth platform. With greater capital allocation flexibility and improved operational integration across its geographies, Unihealth Hospitals is poised for accelerated growth and enhanced long-term shareholder value.