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Max Healthcare Institute completes acquisition of controlling stake in Kalinga Hospital

19 May 2026 Evaluate

Max Healthcare Institute has completed the acquisition of controlling stake of around 58.28% in Kalinga Hospital (KHL) for an aggregate consideration of around Rs 297.97 crore. Consequently, KHL has become a subsidiary of the company. KHL operates a 250 bedded Multi-Specialty Hospital by the name of ‘Kalinga Hospital’ in Bhubaneswar, Odisha.

Earlier on April 8, 2026, the board of the directors of the company had approved to enter into share purchase agreement for acquisition of controlling stake (around 58.39%) in KHL.

Max Healthcare Institute offers healthcare services through its various facilities in Delhi and the National Capital Region, and facilities in Mohali and Bathinda.

Max Healthcare Inst. Share Price

1153.15 25.70 (2.28%)
03-Jul-2026 16:59 View Price Chart
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