Shares of Max Healthcare Institute jumped more than 4% in the morning trade for the second day in a row.
In the exchange filing on Wednesday, the company shared, “The Board of Directors of ET Planners Private Limited (“ET Planners”), a step down wholly-owned subsidiary of the Company, approved voluntary liquidation of ET Planners for expeditious consolidation of its business with its immediate holding company viz. Alps Hospital Limited, a wholly-owned subsidiary of the Company on a going concern basis, subject to approval of shareholders of ET Planners and compliance of applicable laws.”
As of 10:44 am, Max Healthcare Institute shares were trading 4.05% higher at ₹912.50 on the NSE.
