Max Healthcare Completes Sale of Stake in Sandhya Hydro Power Project

1 min read     Updated on 12 Jul 2025, 12:25 PM
scanxBy ScanX News Team
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Overview

Max Healthcare Institute has completed the sale of 12,84,396 equity shares in the Sandhya Hydro Power Project to Skyzen Infrabuild Private Limited. The transaction occurred on July 11, 2025, following the termination of a power purchase agreement and board approval on May 20, 2025. This move aligns with Max Healthcare's strategy to focus on its core healthcare business.

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*this image is generated using AI for illustrative purposes only.

Max Healthcare Institute has finalized the sale of its stake in the Sandhya Hydro Power Project, marking a significant move in its portfolio management strategy.

Transaction Details

Max Healthcare has successfully transferred 12,84,396 equity shares, each with a face value of ₹10.00, to Skyzen Infrabuild Private Limited. The transaction was completed on July 11, 2025, at 4:45 PM (IST), as disclosed in a regulatory filing to the stock exchanges.

Background of the Divestment

The divestment follows the termination of a power purchase agreement between Max Healthcare and Sandhya Hydro Power Projects Balargha Private Limited, a hydro power producing company. The decision to sell the stake was initially approved by Max Healthcare's Board of Directors on May 20, 2025.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Max Healthcare promptly informed the National Stock Exchange of India Limited and BSE Limited about this development. The company has also stated that this disclosure will be available on their official website.

Implications

This move appears to be part of Max Healthcare's strategy to streamline its operations and focus on its core healthcare business. By divesting from the hydro power project, the company may be looking to reallocate resources and capital towards healthcare-related initiatives.

The sale to Skyzen Infrabuild Private Limited, which is noted as the promoter of Sandhya Hydro Power Projects Balargha Private Limited, suggests a consolidation of ownership within the hydro power project.

Investors and stakeholders will likely be watching closely to see how this divestment impacts Max Healthcare's financial performance and strategic direction in the coming quarters.

Historical Stock Returns for Max Healthcare Institute

1 Day5 Days1 Month6 Months1 Year5 Years
-2.59%-6.09%+2.70%+12.63%+35.87%+991.01%
Max Healthcare Institute
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Max Healthcare Institute Shares: Major Block Trade Worth ₹55.26 Crore on NSE

1 min read     Updated on 30 May 2025, 11:56 AM
scanxBy ScanX News Team
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Overview

A substantial block trade of 485,998 shares of Max Healthcare Institute Ltd. occurred on the National Stock Exchange (NSE) at a price of ₹1,137.00 per share, totaling ₹55.26 crore. This significant transaction suggests a notable shift in ownership for the company, which is a prominent player in India's healthcare sector. The identities of the buyer and seller were not disclosed.

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*this image is generated using AI for illustrative purposes only.

In a significant market development, Max Healthcare Institute Ltd. witnessed a substantial block trade on the National Stock Exchange (NSE), highlighting investor interest in the healthcare sector.

Block Trade Details

A large block of Max Healthcare Institute Ltd. shares changed hands on the NSE, with the following key details:

Parameter Value
Number of Shares 485,998
Trade Price ₹1,137.00
Total Transaction Value ₹55.26 crore

Market Implications

This sizeable transaction, involving nearly half a million shares, suggests a notable shift in ownership for Max Healthcare Institute. Block trades of this magnitude are often executed off the regular market to minimize price impact and are typically associated with institutional investors or large stakeholders.

About Max Healthcare Institute

Max Healthcare Institute Ltd. is a prominent player in India's healthcare sector. The company operates a network of hospitals and medical facilities, providing a wide range of medical services and specialties across multiple locations in the country.

Conclusion

While the identities of the buyer and seller in this block trade remain undisclosed, such transactions often attract market attention due to their potential to signal investor confidence or strategic moves within the industry.

Investors and market analysts will likely keep a close watch on Max Healthcare Institute's stock performance and any subsequent disclosures that might shed light on the implications of this significant share transfer.

Historical Stock Returns for Max Healthcare Institute

1 Day5 Days1 Month6 Months1 Year5 Years
-2.59%-6.09%+2.70%+12.63%+35.87%+991.01%
Max Healthcare Institute
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