Max Healthcare Institute Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
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Awaiting price reaction for this filing.
Max Healthcare has issued a clarification denying media reports from May 5, 2025, which suggested the company was bidding to acquire Sahyadri Hospital. The company stated it is not participating in any bidding process for Sahyadri Hospital. Max Healthcare confirmed there is no material event requiring disclosure under SEBI's Listing Regulations. The clarification was filed as a rumour verification under Regulation 30(11).
This is a straightforward denial that should put to rest speculation about Max Healthcare's involvement in the Sahyadri Hospital acquisition. Shareholders can expect no near-term corporate action on this front, and the stock should not see any rally or sell-off based on the Sahyadri deal narrative.