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Max India’s JV files appeal against cancellation of Max Hospital Shalimar Bagh license

14 Dec 2017 Evaluate

Max India’s equal joint venture (JV) with Life Healthcare (South Africa) - Max Healthcare Institute has filed an appeal with the appropriate authority against the cancellation of the license of one of its hospitals at Shalimar Bagh, New Delhi.

Earlier, the company had also requested Delhi Government to review their decision and restore the registration. This decision has caused significant inconvenience to thousands of patients and local residents and this is further compounded by unavailability of suitable alternatives for their medical needs in the vicinity.

Max India is engaged in the business of investments and providing consultancy services to group companies. The company’s segments are Healthcare Business, Business Investments, Health Insurance, Senior Living and Others.

Peers
Company Name CMP
Bajaj Finserv 1729.90
TVS Holdings 11885.75
Cholamandalam Fin. 1371.35
Altius Telecom Infra 179.00
Kama Holdings 2259.85
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