Max Healthcare Institute has informed that the board of directors of the Company, at their meeting held today i.e. February 9, 2024, have approved execution of share purchase agreement for acquisition of 100% equity stake in Alexis Multi-Speciality Hospital (Alexis) which operates JCI & NABH accredited 200 bedded hospital namely ‘Alexis Multispeciality Hospital’. The copy of press release being issued by the Company in this regard is enclosed as Annexure - I. Further, the Board of the Company in its meeting held today, i.e. February 9, 2024, have approved to provide loan to Alexis, for the purpose of purchase of hospital land from one of the promoters of Alexis. Details pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to proposed acquisition of Alexis are enclosed as Annexure - II. The Board meeting commenced at 10.08 am (IST) and concluded at 10.26 am (IST). This disclosure will also be hosted on Company's website viz. www.maxhealthcare.in.
The above information is a part of company’s filings submitted to BSE.