Apollo Hospitals Enterprise Ltd.

Apollo Hospitals Enterprise has received an approval from Insurance Regulatory and Development Authority of India (IRDAI) on January 1 for the transfer of 51.2% stake held by the company along with Apollo Energy Company (AECL) and other shareholders in Apollo Munich Health Insurance Company (AMHI) to Housing Development Finance Corporation (HDFC). The sale deal of AMHI with HDFC is expected to be completed by January 9, 2020.

Apollo Hospitals Enterprise owns and operates chain of multi-specialty hospitals. It offers the services in the area of cardiology, cardiothoracic, orthopedics and joint replacement, spine surgery, oncology, etc.