Max Healthcare Institute has published its postal ballot notice in newspapers on April 12, 2026, following the completion of electronic dispatch to shareholders on April 11, 2026. The healthcare provider seeks shareholder approval for the re-appointment of Mr. Narayan K. Seshadri as Non-Executive and Non-Independent Director through the e-voting process.

Newspaper Publication and Regulatory Compliance

The company published advertisements regarding the postal ballot notice in Financial Express (English, all India editions) and Navshakti (Marathi, Mumbai edition) on April 12, 2026. The publication fulfills regulatory requirements under Regulation 30 of SEBI Listing Regulations, with formal notifications sent to both National Stock Exchange of India Limited (Symbol: MAXHEALTH) and BSE Limited (Scrip Code: 543220).

E-voting Schedule and Process

The e-voting facility is being provided by MUFG Intime India Private Limited, with members whose names appear in the register as of the cut-off date of April 8, 2026, entitled to participate. The company has engaged DPV & Associates LLP as scrutinizer for conducting the postal ballot through the e-voting process.

Director Re-appointment Proposal

Shareholders will vote on the re-appointment of Mr. Narayan K. Seshadri (DIN: 00053563) as Non-Executive and Non-Independent Director for a three-year term from May 16, 2026, to May 15, 2029. The 68-year-old Chartered Accountant currently serves as Chairman of the Risk Management Committee and member of IT Strategy and Debenture Committees.

Shareholder Access and Voting Procedures

The postal ballot notice is available on the company website at www.maxhealthcare.in/investors and on MUFG Intime's e-voting platform at https://instavote.linkintime.co.in . Members holding shares in dematerialized form can vote through their respective depository participants, while physical shareholders can access the dedicated e-voting portal.

Strategic Context

The director re-appointment comes as Max Healthcare advances its expansion strategy, including the recently approved acquisition of Kalinga Hospital Limited. The board had earlier approved acquiring a 58.39% stake in the 250-bed NABH accredited multi-specialty facility in Bhubaneswar for ₹300 crore, demonstrating the company's continued growth initiatives under current leadership.

Max healthcare institute Limited has executed a significant block trade on the National Stock Exchange (NSE), marking a notable institutional transaction in the healthcare sector. The large-volume trade demonstrates continued institutional interest in the company's shares.

Transaction Details

The block trade involved substantial financial parameters that highlight the scale of institutional activity in Max Healthcare's stock.

Block Trade Significance

Block trades represent large-volume transactions executed outside regular market hours or through special trading mechanisms. These transactions allow institutional investors to trade significant positions without causing substantial price movements in the regular market. The execution of such trades typically indicates institutional portfolio adjustments or strategic positioning by large investors.

Market Implications

The completion of this Rs. 61.00 crore transaction reflects the liquidity available in Max Healthcare Institute's shares and the interest from institutional participants. Block trades of this magnitude often involve mutual funds, insurance companies, foreign institutional investors, or other large market participants seeking to efficiently execute substantial positions.