Max Healthcare Institute Limited Applies for Re-classification of Radiant Life Care Hospital Foundation Status
Max Healthcare Institute Limited announced an update regarding the re-classification of Radiant Life Care Hospital Foundation (RLCHF). The institution, formerly known as 'Radiant Life Care Foundation,' is seeking a change in its classification status from 'Promoter Group' to 'Public' category.The company confirmed that this development follows earlier intimations provided on May 13, 2026, and May 21, 2026, which detailed the receipt of the request and subsequent approval from the Board of Directors for this re-classification.
On May 24, 2026, Max Healthcare Institute Limited submitted an application to the stock exchanges, BSE Limited and National Stock Exchange of India Limited. The application seeks the exchanges' approval and a no-objection letter for the re-classification of RLCHF from 'Promoter Group' to 'Public' category.
The company also noted that this update will be hosted on its official website.
MAXHEALTH Stock Price Movement
On Friday, Max Healthcare Institute Limited shares slipped by 6.24% to close at ₹1023.25. The stock recorded substantial trading volume of 11.71 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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