Max Healthcare Institute Limited
Max Life Insurance increased its stake in Max Healthcare Institute Limited from 1.45% to 1.46%, acquiring 96,147 additional shares. The value of the acquired shares is approximately ₹9.52 Cr, based on Max Healthcare's share price of ₹990.50. Max Life Insurance is a joint venture between Max Financial Services and Axis Bank, rebranded as Axis Max Life Insurance in December 2024. Max Healthcare is a prominent Indian healthcare provider with 21 facilities and over 6000 beds.
A leading healthcare provider in India, Max Healthcare operates a network of multi-speciality and super-speciality hospitals alongside primary care clinics across major cities. The company delivers comprehensive medical services including clinical care, radiology, pathology, and related healthcare solutions. Max Healthcare combines hospital operations with integrated medical expertise and facility management to serve patients across diverse healthcare needs and treatment requirements.
Now branded Axis Max Life after Axis Bank took a controlling stake. Crossed Rs 1.5 lakh crore in AUM in April 2024 with over 20% YoY growth and has continued to compound. CIO Sachin Bajaj has over 25 years of investment experience and runs a multi-cap equity book across ULIP, par and non-par funds with a quality and growth tilt.