NCLT Gives Green Light: Max Hospitals and Alps Hospital Unite in a Game-Changing Merger

The National Company Law Tribunal (NCLT) Mumbai Bench has approved the merger of Alps Hospital Limited into Max Hospitals and Allied Services Limited. The February 25, 2025, order fixes the appointed date as April 1, 2024. The merger, which was first approved by the boards of the two firms on May 16, 2022, is intended to form a more robust operating entity with enhanced financial strength and access to markets. The merger will streamline the operating structure, cut complexities, and strengthen governance by removing related party transactions. Max Healthcare Institute Limited, the holding company of both companies, made this announcement to the stock exchanges on February 26, 2025.

 

Source: Max Healthcare Institute Limited Stock Exchange Intimation