Announced Wed, 8 Jul · 10:49 IST
NCLT adjourns Kalinga Hospital subsidiary matter to July 23, 2026
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MAXHEALTH · price
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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹1114.70
prior close
₹1120.00
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AI summary
Max Healthcare updated on ongoing litigation at subsidiary Kalinga Hospital Ltd under Sections 241-242 of Companies Act. BRS Capital Two Pte filed an interlocutory petition before NCLT Cuttack seeking stay on KHL's May 29 Postal Ballot on raising borrowing limits. NCLT heard submissions on July 7 and adjourned the matter to July 23 for further hearing. No order passed yet.
Likely market impact
NCLT has not granted any stay yet. Matter adjourned to July 23 for further hearing. Outcome could affect KHL borrowing plans and subsidiary operations.