Max Healthcare Institute Limited has informed the Exchange regarding Hon'ble National Company Law Tribunal order for voluntary liquidation of ET Planners Private Limited
MAXHEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Max Healthcare informed the exchanges that the NCLT New Delhi Bench has passed an order on March 25, 2026 dissolving ET Planners Private Limited, its step-down wholly-owned subsidiary (held through Alps Hospital Limited). ET Planners had initiated voluntary liquidation in September 2024, and its entire business undertaking (assets, liabilities, contracts, employees) was already transferred on a going-concern basis to Alps Hospital Limited. The NCLT noted that creditors worth about Rs. 41.72 crore had given consent for the transfer, and no statutory authority objected to the dissolution. The company had a very small paid-up capital of Rs. 1.16 lakh. Max Healthcare has clarified that this dissolution will not affect its business or accounting policies and will have no material impact on its financials.
This is a routine housekeeping event with no material impact on Max Healthcare's operations or financials, as the subsidiary was already wound down and its business absorbed by an intermediate holding company. Shareholders are unlikely to see any effect on the stock price.