Max Healthcare Institute has informed that the board of directors (Board) of the Company, at their meeting held today, December 18, 2025, have approved the proposal to enter into share purchase agreement (SPA) for acquisition of 100% equity stake in Yerawada Properties (YPPL), Pune, Maharashtra. The purchase of equity stake shall be carried out in a step-up manner and shall conclude upon receipt of Occupancy Certificate for the hospital building planned to be constructed on the said land. In the first tranche, the Company shall acquire 100% of the Class A equity shares representing 100% of the voting rights and ~50.22% of the economic interest in YPPL. Additionally, the Board has also accorded its approval for setting up a ~450 bedded super speciality hospital on the land owned by YPPL, at an aggregate spend of up to ?1,020 Crore (including YPPL shares acquisition, construction, equipment cost, stamp duty, registration charges, etc.). Details pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - I. The Board meeting commenced at 10.30 am (IST) and concluded at 10.55 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.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 7680.00 |
| Max Healthcare Inst | 993.25 |
| Narayana Hrudayalay | 1766.60 |
| Aster DM Healthcare | 728.05 |
| Global Health | 1110.05 |
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