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Max Healthcare board approves incorporation of a wholly owned subsidiary


Max Healthcare Institute Limited board on Tuesday has approved the incorporation of a wholly-owned subsidiary (WOS) of the to inter- alia provide a range of diagnostic services including pathology lab services to retail and non-captive customers as well as third party Hospital Lab Management.

The cost of acquisition is Rs5cr for 50 lakh equity shares of Rs10 each in one or more tranches.

At around 10.49 am, Max Healthcare Institute Ltd was trading at Rs229.40 per piece down Rs1.15 or 0.50% from its previous closing of Rs230.55 per piece on the BSE.

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