Max Healthcare Institute Ltd.

BSE: 543220 | NSE: MAXHEALTH
Large Cap | Hospital & Healthcare Services
1036.55
3.75 (0.36%)
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Max Healthcare Institute gets nod for agreement to lease for setting up hospital at Thane

Date: 30-01-2025

Max Healthcare Institute has received approval for entering into an agreement to lease with VR Konkan (VKPL) for setting up around 500 bedded hospital at Thane, Maharashtra on a built-to-suit basis. The proposed construction of hospital premises is expected to be completed by 2028.

The hospital building and infrastructure is being developed by VKPL as per the company’s specifications. The company is required to make investment in the deposits, equipment and loose furniture up to an amount of around Rs 217 crore. The board of directors of the Company at their meeting held on January 30, 2025 has approved the same. 

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