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Max Healthcare Institute rose 1.93% to Rs 205.85 after the company said it acquired 42.8% equity stake in Saket City Hospitals (SCHL) from Kayak Investments Holding.Before the transaction, Max Healthcare Institute held 57.2% and Kayak Investments Holding held the remaining 42.8% stake in Saket City Hospitals. Kayak held 51.94% stake in Max Healthcare as on 31 December 2020. Max Healthcare Institute purchased 1.26 crore equity shares, representing 42.8% of the equity share capital of SCHL from Kayak. Following the transaction, SCHL has become a wholly-owned subsidiary of the company with effect from 15 March 2021. The consideration for the purchase of purchased shares is the INR equivalent to $64,246,702. SCHL is engaged in the business of providing healthcare services in India, including sale of medicines in the course of delivery of healthcare services by way of Business to Business (B2B), construction services, supply, erecting and installation of equipment and other related s

Kayak investments holdingMax healthcare instituteSaket city hospitalsKayak investments holding beforeSaket cityMax healthcareHealthcare instituteNorth indiaCapital marketMax groupHealthcare facilities amp services necClinics amp primary care servicesFinancial amp commodity market operators service providers necHealth careகையாக் முதலீடுகள் வைத்திருத்தல்அதிகபட்சம் சுகாதாரம் நிறுவனம்