The Max Healthcare board authorised the enlargement plan in a gathering held earlier within the day, it added.
“The general funding is predicted to be roughly Rs 1,600 crore. The enlargement plan is proposed to be funded by inside accruals, borrowings and / or such different modes as could also be permitted beneath the relevant legal guidelines,” Max Healthcare Institute mentioned.
For the 2 hospitals, two land parcels measuring round 6.11 acres and round 5.26 acres are being allotted by HSVP (Haryana Shahri Vikas Pradhikaran) put up profitable bid by the corporate in a latest HUDA public sale, it added.
“The 2 newly acquired land parcels shall be constructed in a phased method, including round 1,000 beds over the following 4-6 years and can additional strengthen our presence in NCR,” Max Healthcare Chairman and MD Abhay Soi mentioned.
Max Healthcare at present runs a multi-specialty hospital in Gurugram, the submitting mentioned.
Shares of Max Healthcare Institute closed at Rs 352.95 per scrip on BSE, down 1.63 per cent from their earlier shut.
Max Healthcare is without doubt one of the largest personal sector hospital chains on the premise of income, with most of its 17 amenities concentrated in north India.
Of the whole community, eight hospitals and 4 medical centres are positioned in Delhi and the NCR, and the remainder are in Mumbai, Mohali, Bathinda and Dehradun. PTI AKT BEN ANS ANS