NSEGeneral Updates30 Jun 2026 · 30 Jun 2026, 09:53 pm
General Updates
Max Healthcare Institute Limited · MAXHEALTH
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Max Healthcare Institute Limited has informed the Exchange about an update on the Share Purchase Agreement to acquire an equity stake in Yerawada Properties Private Limited, and matters relating to setting up a ~450 bedded super speciality hospital in Pune.
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Max Healthcare Institute Limited has informed the Exchange about update on Share Purchase Agreement to acquire equity stake in Yerawada Properties Private Limited
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June 30, 2026
Listing Department, Listing Department,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street,
Mumbai - 400 051 Mumbai - 400 001
Symbol: MAXHEALTH Scrip Code: 543220
Sub.: Update on Share Purchase Agreement to acquire equity stake in Yerawada Properties Private Limited and matters
relating to setting up a ~450 bedded super speciality hospital in Pune
Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
This is in continuation of our earlier intimation dated December 18, 2025, regarding execution of Share Purchase Agreement
for the acquisition of a 100% equity stake in Yerawada Properties Private Limited ("YPPL"), Pune, Maharashtra, in a step-up
manner, concluding with grant of occupancy certificate for the hospital to be constructed on the land owned by YPPL.
In this regard, we wish to inform that the Company, as a first step, has acquired 100% of the Class A equity shares,
representing 100% of the voting rights and ~50.22% of the economic interest in YPPL, upon completion of first tranche of
conditions precedent (CPs). Consequently, YPPL has become a subsidiary of the Company.
The Company has received credit confirmation of equity shares of YPPL at 5.17 pm (IST) today.
This disclosure will also be hosted on Company's website viz. www.maxhealthcare.in.
Kindly take the same on record.
Thanking you
Yours truly,
For Max Healthcare Institute Limited
Dhiraj Aroraa
EVP - Company Secretary and Compliance Officer