Max Healthcare Institute Limited — Board Meeting, 30-01-2025: Outcome of Board Meeting

The board meeting of Max Healthcare Institute Limited concluded with several significant decisions. The board approved the unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2024, revealing a profit of ₹52.37 crore. Additionally, a further infusion of up to ₹125 crore into its wholly-owned subsidiary, Jaypee Healthcare Limited, was authorized. A corporate guarantee for ₹500 crore to Yes Bank Limited to secure financing for Nirogi Charitable and Medical Research Trust was also approved, alongside providing financial assistance of up to ₹200 crore to Eqova Healthcare. The board also noted progress in the development of the Max Super Speciality Hospital in Gurugram, approving a ₹500 crore term loan from Axis Bank for the construction. Furthermore, amendments to lease agreements for capacity expansions in Punjab and Maharashtra were sanctioned, reflecting the company’s strategy for growth in healthcare services.