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.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 8897.35 |
| Max Healthcare Inst. | 1153.15 |
| Narayana Hrudayalay. | 2001.90 |
| Aster DM Healthcare | 792.70 |
| Global Health | 1349.60 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: