StockWatch
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Hospital
Management Change13 Aug 2026, 02:43 pm

Max Healthcare Appoints New Supply Chain and Brand Officers

AI Summary

Max Healthcare Institute Ltd announced significant changes in its senior management following a board meeting on August 13, 2026. Mr. Ajay Vij has been appointed as Director - Chief Supply Chain & Procurement Officer, effective August 14, 2026. Mr. Pawan Kumar Marella will join as Senior Director - Chief Experience & Brand Officer, starting August 17, 2026. Concurrently, Dr. N. Venkatesan, Senior Director & Chief Procurement Officer, will resign effective August 31, 2026. The board also approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and a capital expenditure of approximately ₹425 Crore for the expansion of Max Super Speciality Hospital, Vaishali. Additionally, the company received in-principle approval to explore setting up medical colleges/institutions and amend its Memorandum of Association.

Key Highlights

  • Max Healthcare appoints Ajay Vij and Pawan Kumar Marella to senior management roles.
  • Dr. N. Venkatesan resigns as Senior Director & Chief Procurement Officer.
  • Unaudited financial results for Q1 FY27 approved.
  • ₹425 Crore capex approved for Vaishali hospital expansion.
  • Company to explore setting up medical colleges/institutions.