Max Healthcare Institute Limited has informed the Exchange about disclosure under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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MAXHEALTH · price

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹1064.00

prior close

₹1060.05

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.2%+1.0% vs market

Hospital peers, median of 25sector+0.3%+0.9% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty 100 and 0.9 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.1

15m

-0.2

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.2+1.0+0.3+0.9

Next day

+2.7+0.3+2.5+0.6+2.2

-3.8+0.6-4.4+0.7-4.5

-6.0+1.9-7.9+1.2-7.2

-6.7+1.5-8.2+0.7-7.4

-6.5+1.8-8.2+1.0-7.4

-11.4-0.6-10.8+0.5-11.8

15d

-5.0-1.7-3.3-0.4-4.6

+2.7+2.8-0.0+4.9-2.1

+3.8+3.1+0.7+4.3-0.5

-6.2+3.5-9.7+6.5-12.7

UpDownMarket · Nifty 100Sector · Hospital peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Max Healthcare Institute Limited has disclosed that a petition was filed before the National Company Law Tribunal (NCLT), Cuttack Bench by BRS Capital Two Pte. Limited against Kalinga Hospital Ltd. (KHL) and Max Healthcare. The petition alleges oppression and mismanagement of KHL's affairs under sections 241 and 242 of the Companies Act, 2013. Max Healthcare completed acquisition of approximately 58.28% stake in KHL on May 18, 2026, just a day before the petition was listed. The NCLT heard the matter on May 19, 2026, directed parties to file written submissions, and reserved the matter for orders. The next hearing is scheduled for July 7, 2026. The company states that the financial impact cannot be anticipated at this stage.

Likely market impact

This is a legal dispute arising from Max Healthcare's recent acquisition of KHL. While the matter is pending, shareholders should monitor the outcome as it could affect the company's operations in KHL and potentially create financial liabilities if the petition succeeds.