Max Healthcare Institute Sees Rs. 119.33 Crore Block Trade on NSE

Max Healthcare Institute Ltd. , a prominent player in the Indian healthcare sector, witnessed a significant block trade on the National Stock Exchange (NSE) recently. The transaction, valued at Rs. 119.33 crore, involved approximately 1,030,669 shares changing hands at a price of Rs. 1,157.80 per share.

Block Trade Details

The block trade, which typically involves a large number of securities, was executed at a single price, indicating a substantial interest in Max Healthcare's stock. Such trades are often carried out off-market to minimize the impact on the stock's price and are usually associated with institutional investors or large stakeholders.

Recent Shareholding Changes

While not directly related to the block trade, recent regulatory filings shed light on some changes in the company's shareholding pattern. According to the latest LODR (Listing Obligations and Disclosure Requirements) data:

GIC Private Limited, acting on behalf of the Government of Singapore (GOS) and the Monetary Authority of Singapore (MAS), reported a reduction in their combined shareholding.
GOS sold 784,744 equity shares (0.081% of the total share capital), while MAS sold 176,064 equity shares (0.018%).
Following these transactions, GOS now holds 43,826,705 equity shares (4.51%), and MAS holds 12,688,981 equity shares (1.31%).
The combined holding of GIC Private Limited in Max Healthcare Institute Ltd. now stands at 56,515,686 equity shares, representing 5.81% of the total share capital.

Company Overview

Max Healthcare Institute Ltd. is listed on both the National Stock Exchange of India Limited and BSE Limited. The company's total equity share capital consists of 972,236,431 shares.

The recent block trade and the changes in institutional holdings reflect the dynamic nature of Max Healthcare's investor base. While the identity of the parties involved in the block trade remains undisclosed, such transactions often indicate confidence in the company's prospects or strategic shifts in investment portfolios.

Investors and market watchers will likely keep a close eye on Max Healthcare Institute Ltd. for any further developments or changes in its shareholding pattern that may influence the company's future direction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.82%	-6.59%	-5.23%	-4.64%	+4.99%	+747.44%

Max Healthcare Institute , acting on behalf of the Government of Singapore (GOS) and Monetary Authority of Singapore (MAS), has reduced its stake in Max Healthcare Institute Ltd through a series of open market transactions. The most recent sale triggered a disclosure requirement under takeover regulations.

Details of the Transaction

GIC Private Limited sold a total of 960,808 equity shares of Max Healthcare Institute Ltd. This sale resulted in a reduction of their combined holding from 57,476,494 shares (5.912% of the company) to 56,515,686 shares (5.813%).

The breakdown of the sale is as follows:

Entity	Shares Sold	Stake Reduction
Government of Singapore	784,744	0.081%
Monetary Authority of Singapore	176,064	0.018%

Impact on Shareholding

Following this transaction, the shareholding structure has changed:

Entity	Previous Stake	New Stake
Government of Singapore	4.589%	4.508%
Monetary Authority of Singapore	1.323%	1.305%
Combined GIC Holding	5.912%	5.813%

Historical Context

It's worth noting that GIC's stake in Max Healthcare has been steadily decreasing over time. In their last major disclosure in August 2022, GIC held a 7.85% stake in the company. Since then, they have been gradually reducing their position through multiple non-reportable tranches.

Regulatory Compliance

The recent sale triggered the disclosure requirement under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. GIC Private Limited, as the investment manager acting on behalf of both the Government of Singapore and the Monetary Authority of Singapore, has the power to exercise voting rights for all the shares it manages.

Company Overview

Max Healthcare Institute Ltd is a prominent healthcare services provider in India, listed on both the National Stock Exchange of India Limited and BSE Limited. The company's total equity share capital stood at 972,236,431 shares.

This transaction highlights the ongoing portfolio adjustments by major institutional investors in the Indian healthcare sector. While GIC remains a significant shareholder in Max Healthcare, their gradual reduction in stake over the past few years suggests a strategic realignment of their investment in the company.