StockWatch
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Hospital
Board Meeting30 Oct 2026, 02:49 pm

Max Healthcare Approves ₹190 Cr Expansion for Two Hospitals

AI Summary

Max Healthcare Institute Ltd's Board of Directors met on October 30, 2026, approving unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also sanctioned capital expenditure of approximately ₹93 Crore for redevelopment and capacity enhancement at Max Super Speciality Hospital, Sector-128, Noida, and ₹97 Crore for constructing additional floors at Max Super Speciality Hospital, Vaishali. Additionally, the project cost for a new 525-bedded hospital in Gurugram was revised to ₹1,143 Crore, with completion now expected in April 2027. Dr. Dharmender Kumar was appointed as Director & Chief - Public Affairs.

Key Highlights

  • Unaudited financial results for Q2 FY27 approved.
  • ₹93 Crore capex for MSSH Noida expansion approved.
  • ₹97 Crore capex for MSSH Vaishali expansion approved.
  • Gurugram hospital project cost revised to ₹1,143 Crore.
  • New Director & Chief - Public Affairs appointed.