Max Healthcare Institute Limited — Important, 16-05-2025: General Updates

Max Healthcare’s subsidiary, Crosslay Remedies, has acquired land and a building near its Vaishali hospital for ~₹120 Cr to add ~140 beds to the existing 387-bed facility, which operated at over 80% capacity last year. The expansion, expected to take about 30 months, will require an additional ₹200 Cr investment funded through cash and internal accruals. This capacity boost solidifies Max Healthcare’s position in the expanding Ghaziabad market amid rising healthcare demand.