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Hospital
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.