MAXHEALTHNSEMax Healthcare Institute LimitedLowNeutral
Announced Wed, 30 Jul · 18:01 IST

Max Healthcare Institute Limited has informed the Exchange regarding Proceedings of 24th Annual General Meeting held on July 30, 2025

Board & Shareholder Meetings View source PDF

MAXHEALTH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Max Healthcare held its 24th AGM on July 30, 2025 via video conference, attended by 107 members. Eight items of business were transacted, including adoption of FY25 financial statements, declaration of a final dividend of ₹1.5 per equity share (15% on face value of ₹10), and re-appointment of Director Anil Kumar Bhatnagar. S.R. Batliboi & Co. LLP was appointed as the new Statutory Auditor, replacing Deloitte Haskins & Sells, and DPV & Associates LLP was named Secretarial Auditor. Chairman Abhay Soi highlighted the company's 25-year journey, the acquisition of Jaypee Hospital (a 500-bed quaternary care facility in Noida), and plans to add over 3,900 new beds in the next 3–4 years on top of the existing 5,100-bed capacity. Audit reports for FY25 carried no qualifications, reservations, or adverse remarks.

Likely market impact

Shareholders benefit from a ₹1.5 per share dividend and gain visibility into a major capacity expansion plan (~77% bed growth), signaling strong growth runway, though execution of the Jaypee integration and large capex programme will be key things to watch. The auditor change is a routine governance update with no impact indicated.