Announced Wed, 1 Jul · 23:08 IST
Radiant Life Care Foundation reclassified from Promoter Group to Public
Ownership Changes View source PDF
MAXHEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹1140.20
prior close
₹1141.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.3-0.3-0.9+1.1-0.7-2.2-4.9-3.5-2.8-5.3———
Up moveDown movePending
AI summary
Max Healthcare has received no-objection letters from BSE and NSE for reclassifying Radiant Life Care Hospital Foundation from 'Promoter Group' to 'Public' category under SEBI Regulation 31A. RLCHF is no longer a promoter group entity, effective July 1, 2026. No change in actual shareholding, only a change in classification status.
Likely market impact
Reduces formal promoter group size. No change in total shareholding. Minimal direct stock price impact expected.