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LOI issued to Elekta for proposed procurement of ten HARMONY LINAC systems; new website launched
Evervie Health Ltd (formerly PVP Ventures Ltd) has signed and issued a Letter of Intent to Elekta Solutions AB, Sweden, for proposed procurement of ten (10) HARMONY LINAC systems.
By ScoutQuest · · 2 min read
- Deal Value Expected
- between 11 to 15 million dollars USD
- Equipment Count
- ten (10) HARMONY LINAC systems
- Proposed Delivery Timeline
- Phased delivery of five units followed by five units, tentatively to be completed by October 2028
What was announced
- Evervie Health Limited, formerly PVP Ventures Limited, signed and issued a Letter of Intent (LOI) to Elekta Solutions AB, Sweden, on 20 October 2026.
- It covers the proposed procurement of ten (10) HARMONY linear accelerator (LINAC) systems, including equipment, accessories, software, documentation, installation and commissioning to the extent included in Elekta's final offer.
- The contractual consideration is proposed to be payable in Swedish krona (SEK), with the equivalent amount to be specified in the definitive Purchase and License Agreement.
Deal size and delivery
- Deal value is expected to be between 11 to 15 million dollars USD.
- Delivery is proposed in phases: five units followed by five units, tentatively to be completed by October 2028. Final delivery dates and milestones will be recorded in the definitive Purchase and License Agreement.
Status: an LOI, not a final contract
- The update states the LOI records the company's present commercial intention to proceed. It does not itself constitute a definitive sale and purchase agreement, nor does it oblige Elekta to supply the equipment.
- The procurement remains subject to execution of the definitive Purchase and License Agreement, necessary approvals, financing arrangements and applicable contractual conditions.
Who will operate the systems
- The systems are proposed to be operated by the company's subsidiary, Optimus Oncology Private Limited.
- The separate operating arrangement with Optimus Oncology Private Limited will be subject to applicable approvals and compliances.
Counterparty details
- Elekta Solutions AB is an international counterparty based in Sweden.
- There is no promoter or promoter group interest in the counterparty.
- The proposed procurement is not a related party transaction.
Second item: new website
- In line with the change of name from PVP Ventures Limited to Evervie Health Limited, the company is launching its new official website, https://everviehealth.com, in place of www.pvpglobal.com with effect from 20 October 2026.
What a retail investor can read into it
- The announcement sets out scale (ten machines, a value expected between 11 to 15 million dollars USD) and a delivery target of October 2028, while marking the purchase as still proposed until the definitive agreement is signed and approvals and financing are in place.
Also from PVP Ventures
Reconciliation of share capital audit report for quarter ended 30 September 2026
15 Oct 2026
NCD details shared: two series at 18% coupon, Rs. 95 crore and Rs. 55 crore outstanding
13 Oct 2026
NCD interest of Rs. 13.46 crore paid in advance for December 2026 and March 2027
8 Oct 2026
More numbers
- HARMONY LINAC systems proposed to be procuredten (10)
- Expected deal value - lower end11 million dollars USD
- Expected deal value - upper end15 million dollars USD
- First delivery phasefive units
- Second delivery phasefive units
Source: BSE · 20 Oct 2026
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