Max Healthcare Completes Sale of Stake in Sandhya Hydro Power Project
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.59% | -6.09% | +2.70% | +12.63% | +35.87% | +991.01% |