No Bids, Just Clarity: Max Healthcare Steps Away from Sahyadri Hospital Race

Max Healthcare Institute Ltd has formally rebutted reports in the media that indicate its involvement in the high-profile bidding for Sahyadri Hospitals, which is Maharashtra's largest hospital chain. The denial comes amidst widespread industry rumour and a flurry of reports that include Max Healthcare among prospective bidders for the Rs 4,500–5,000 crore deal.

 

Key Highlights:

Max Healthcare is busy with its own aggressive growth plans, looking to invest Rs 6,000 crore in the addition of 3,700 beds and increasing its network of hospitals to approximately 30 centers by 2028.

 

The proactive clarification of the company intends to clear market rumors and assert its resolve in open communication with investors and stakeholders.

 

Sources: Financial Express, Outlook Business, MarketScreener