Max Healthcare has agreed to acquire a controlling interest in Kalinga Hospital, expanding its network and enhancing healthcare services. This strategic move aims to strengthen Max's presence in Odisha.

Max Healthcare expands its presence by purchasing a significant stake (58.4%) in a Bhubaneswar hospital for approximately INR 300 crores, securing a director's role for the following three years from May 2026.

Max Healthcare has agreed to purchase a 58.39% share of Kalinga Hospital for approximately INR 300 crores, with additional funding coming from loans worth INR 100 crores and a $5M investment via ECBS.

Max Healthcare has agreed to purchase a 58.4% stake in Kalinga Hospital for approximately INR 300 crore, marking an expansion into Eastern India. This move will be funded by a loan of INR 100 crore for hospital renovations and an additional INR 300 crore through external borrowing.

Max Healthcare experienced a significant block deal on the NSE, worth approximately $130 million for over one million shares, priced at around Rs. 926.5 each.