Investment7 Sept 2026, 10:00 pm
Max Healthcare Increases Stake in Kalinga Hospital to 66.15%
AI Summary
Max Healthcare Institute Ltd has successfully completed the infusion of approximately ₹87.87 Crore into its subsidiary, Kalinga Hospital Ltd (KHL), through a rights issue. The company has been allotted 50,21,212 equity shares. This infusion has increased Max Healthcare's shareholding in KHL from approximately 58.28% to 66.15%. Kalinga Hospital Ltd continues to remain a subsidiary of Max Healthcare Institute Ltd. This disclosure is also available on the company's website.
Key Highlights
- Max Healthcare invested ~₹87.87 Crore in subsidiary Kalinga Hospital Ltd.
- Shareholding in Kalinga Hospital increased from ~58.28% to ~66.15%.
- 50,21,212 equity shares were allotted on a rights basis.
- Kalinga Hospital Ltd remains a subsidiary of Max Healthcare.
Price Impact
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