
Business Update21 May 2026, 05:11 pm
Max Healthcare: Lucknow Hospital Phase-I Construction Approved
AI Summary
Max Healthcare Institute Ltd's board approved the construction of Phase-I of Max Super Specialty Hospital in Lucknow on a 5-acre land parcel owned by the company. The hospital will have a capacity of approximately 712 beds. The board also approved the audited financial results for FY26, recommended a final dividend of ₹2 per equity share, re-appointed cost auditors, approved the re-classification of Radiant Life Care Hospital Foundation, approved shifting of registered office and re-appointed Mr. Anil Kumar Bhatnagar as Non-Executive and Non-Independent Director.
Key Highlights
- Approved construction of Phase-I of Max Super Specialty Hospital in Lucknow with ~712 beds.
- Recommended final dividend of ₹2 per equity share (20% of face value of ₹10).
- Approved re-classification of Radiant Life Care Hospital Foundation to ‘Public’ category.
- Approved shifting of registered office from Maharashtra to Haryana.
- Re-appointed Mr. Anil Kumar Bhatnagar as Non-Executive and Non-Independent Director.
Price Impact
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