Max Healthcare Faces NCLT Petition Over Kalinga Hospital Deal

Max Healthcare Institute Ltd is facing a legal challenge related to its acquisition of a majority stake in Kalinga Hospital Ltd (KHL). BRS Capital Two Pte. Limited, a shareholder of KHL, has filed a petition with the National Company Law Tribunal (NCLT), Cuttack Bench, alleging oppression and mismanagement of KHL's affairs. The petition was heard on May 19, 2026, and the NCLT has reserved the matter for orders after written submissions. The next hearing is scheduled for July 7, 2026. Max Healthcare acquired approximately 58.28% of KHL on May 18, 2026. The company states that the outcome of the petition and its potential impact are currently uncertain.