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Max Healthcare updated on a petition filed before NCLT regarding alleged mismanagement at its subsidiary, Kalinga Hospital. The matter is reserved for orders after recent submissions.
Max Healthcare acquired a 58.28% stake in Kalinga Hospital for ₹297.97 Crore. KHL becomes a subsidiary, expanding the company's footprint into Bhubaneswar, Odisha.
Max Healthcare received a request to re-classify Radiant Life Care Hospital Foundation from promoter to public category. The entity currently holds no shares in the company.
Max Healthcare shareholders approved the re-appointment of Mr. Narayan K. Seshadri via postal ballot. The resolution passed with a 91.07% majority in favor.
Max Healthcare Institute Limited allotted 51,287 equity shares on May 1, 2026, under its ESOP/ESPS scheme. This increases the company's total paid-up share capital from 973,192,502 to 973,243,789 shares. The allotment follows a 2022 board approval for employee stock-based benefits.
Max Healthcare Institute Limited allotted 51,287 equity shares to employees under its ESOP Scheme 2022 on May 1, 2026. The allotment, valued at ₹1.80 Crore based on an exercise price of ₹350 per share, increases the company's paid-up equity capital to ₹973.24 Crore.
Max Healthcare Institute Limited received a Rectification Order from the Delhi GST authority withdrawing an earlier tax demand of ₹55.20 Crore. The authority accepted the company's submissions regarding alleged excess Input Tax Credit availment. This outcome successfully resolves the previously disclosed tax dispute without any financial liability.
Max Healthcare Institute Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Narayan K. Seshadri as a Non-Executive Non-Independent Director. The proposed tenure is for three years, effective from May 16, 2026, to May 15, 2029. Voting concludes on May 11, 2026.
Max Healthcare Institute Limited issued a postal ballot notice to shareholders for the re-appointment of Mr. Narayan K. Seshadri as a Non-Executive and Non-Independent Director. The e-voting period runs from April 12 to May 11, 2026. If approved, the tenure will span three years from May 16, 2026.
Max Healthcare Institute Limited is acquiring Kalinga Hospital Ltd. in Bhubaneswar for ₹300 Crore. The 250-bed multi-specialty facility expands the company's footprint in Odisha. The cash transaction is expected to conclude within 4-6 weeks, adding to the group's revenue and regional profitability.
Max Healthcare Institute Limited has re-appointed Mr. Narayan Keelveedhi Seshadri as a Non-Executive Non-Independent Director for a three-year term effective May 16, 2026. Mr. Seshadri is a seasoned professional with over forty years of experience in business transformation and strategic leadership.
Max Healthcare's board approved the acquisition of a 58.39% stake in Kalinga Hospital, Bhubaneswar, for ₹300 Crore. The deal includes a ₹100 Crore loan and $5 Million corporate guarantee for the target. Expansion into Eastern India will be funded via a ₹300 Crore External Commercial Borrowing from Standard Chartered Bank.
Max Healthcare Institute Ltd submitted its quarterly certificate under SEBI Regulation 74(5) for the period ending March 31, 2026. The registrar, MUFG Intime India, confirmed no dematerialization requests were received as the company has no physical shares. This is a routine regulatory compliance filing.