Max Healthcare Institute Ltd has approved the acquisition of 100% stake in Yerawada Properties for ₹2 billion. The move paves the way for a ₹10.2 billion investment to establish a 450-bed super-specialty hospital in Pune, marking the company’s strategic expansion into western India’s growing healthcare market.
Max Healthcare Institute Ltd has announced its board’s approval to acquire 100% equity stake in Yerawada Properties Private Limited (YPPL) for ₹2 billion. The acquisition forms part of a larger plan to set up a 450-bed super-specialty hospital in Pune, with a total investment of ₹10.2 billion (₹1,020 crore).
This expansion marks Max Healthcare’s significant entry into western India, complementing its existing network of 20 healthcare facilities across Delhi NCR, Haryana, Punjab, Uttarakhand, and Maharashtra. The new Pune hospital is expected to cater to rising demand for advanced medical services in the region, strengthening the company’s footprint in Tier-1 cities.
Key Highlights
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Acquisition: 100% stake in Yerawada Properties for ₹2 billion.
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Hospital project: 450-bed super-specialty hospital planned in Pune.
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Investment size: ₹10.2 billion (₹1,020 crore).
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Strategic expansion: Strengthens presence in western India’s healthcare market.
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Current footprint: Max Healthcare operates 20 facilities with over 5,200 beds nationwide.
This move underscores Max Healthcare’s long-term growth strategy, balancing acquisitions with infrastructure development to meet India’s rising healthcare needs.
Sources: ScanX News, InvestyWise, Max Healthcare Investor Relations