Max Healthcare Institute Ltd.

Max Healthcare Institute has executed a Share Purchase Agreement (SPA) with Jaypee Infratech (JIL) and Lakshdeep Group for acquisition of 27,21,09,231 equity shares of Jaypee Healthcare (JHL), free of all encumbrance, constituting 63.65% of the equity share capital of JHL for an aggregate consideration of around Rs 398 crore. The transaction is subject to the terms of the SPA including release of pledge on the shares by the lenders of JHL.

The Company has also executed a Shareholders Agreement (SHA) with JIL and Lakshdeep Group whereby JIL will have a Put Option to sell and the Company shall have a Call Option to acquire remaining equity shares constituting 36.35% of the equity share capital of JHL held by JIL. 

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