Mauritius-based GS Mace Holdings and Xenok have cumulatively sold 61.9 lakh shares or 2.31 per cent stake in Max India on January 24, 2016 through the open market. GS Mace Holdings, which held around 5.11 per cent stake in the company, sold 33.4 lakh shares and Xenok sold 28.5 lakh shares of the company.
Max India, a multi-business corporate, is part of the $2 billion Max Group and is the holding company for Max Healthcare, Max Bupa Health Insurance and Antara Senior Living.