Max Healthcare Institute has completed the acquisition of additional 34,000 equity shares having face value of Rs 10 each fully paid up of Eqova Healthcare (Eqova) representing 34% of paid up equity share capital of Eqova consequent to contractual obligation of the company to acquire equity shares of Eqova upon exercise of put option by one of the shareholders of Eqova pursuant to option agreement entered into by the company, Eqova and such shareholder of Eqova on February 10, 2022. The acquisition of equity shares completed on April 13, 2023.
Eqova has an agreement with Nirogi Charitable and Medical Research Trust (Society) in the form of an exclusive and long-term Medical Services Agreement, under which it has the right to aid development of and provide medical services to a 400 bed hospital to be built on 2.1 acres of Society’s land situated at Patparganj, Delhi.
Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.
Company Name | CMP |
---|---|
Aster DM Healthcare | 337.30 |
Apollo Hospital Ent. | 5915.80 |
Max Healthcare Inst | 820.95 |
Narayana Hrudayalay | 1192.00 |
Global Health | 1115.00 |
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