03-Sept-2026 15:31:19

MAXHEALTHAcquisition and merger

MAX HEALTHCARE: STEP-DOWN SUBSIDIARY ACQUIRES SHARES IN KALINGA HOSPITAL LTD

• Kalinga Hospital Ltd. (“KHL”), a subsidiary of Max Healthcare, is acquiring shares via rights issue. • Deal value: ~₹87.87 crore towards subscription of equity shares. • Purpose: Support KHL's capital expenditure, modernization, clinical/operational capabilities, and optimize capital structure. • KHL's FY25-26 revenue was ~₹155.64 crore. • Indicative time period for completion: within next 15 days.

Max Healthcare Institute Limited

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