Max Healthcare Institute Limited — JV/Acquisition, 30-01-2025: Acquisition

Max Healthcare Institute Limited has approved several strategic initiatives at the recent board meeting. The company will infuse up to ₹125 Crore into its wholly-owned subsidiary, Jaypee Healthcare Limited (JHL), to strengthen its operations. Additionally, it will provide a corporate guarantee of up to ₹500 Crore to Yes Bank for a term loan aimed at constructing a hospital in East Delhi. Furthermore, financial assistance of up to ₹200 Crore will support Eqova Healthcare in developing a 400-bedded hospital. The board also approved plans to lease premises for a new 500-bedded hospital in Thane and amend an existing agreement to expand a hospital capacity in Zirakpur, Punjab.