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Max Healthcare Subsidiary ET Planners Dissolved After Voluntary Liquidation

Story Highlights
  • Max Healthcare reported the NCLT-ordered dissolution of ET Planners, its step-down wholly owned subsidiary.
  • The company stated the voluntary liquidation of ET Planners will not materially impact its business operations or financials.
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Max Healthcare Subsidiary ET Planners Dissolved After Voluntary Liquidation

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An announcement from Max Healthcare Institute Ltd ( (IN:MAXHEALTH) ) is now available.

Max Healthcare Institute Ltd has disclosed that its step-down wholly owned subsidiary, ET Planners Private Limited, has been dissolved following an order by the National Company Law Tribunal’s New Delhi Bench under the voluntary liquidation process. The company emphasized that the closure of ET Planners will not affect its business or accounting policies and is not expected to have any material impact on Max Healthcare’s consolidated financial performance.

More about Max Healthcare Institute Ltd

Max Healthcare Institute Ltd is a leading Indian healthcare services provider operating hospitals and related medical facilities, with a focus on delivering clinical care and allied health services in key urban markets. The company also manages a portfolio of subsidiaries and step-down subsidiaries that support its broader healthcare operations and corporate structure.

Average Trading Volume: 273,227

Technical Sentiment Signal: Sell

Current Market Cap: 943.7B INR

Learn more about MAXHEALTH stock on TipRanks’ Stock Analysis page.

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