Date: July 1, 2026
Regulatory Compliance Update
Max Healthcare Institute Limited has received formal no-objection approvals from both BSE Limited and National Stock Exchange of India Limited for the re-classification of Radiant Life Care Hospital Foundation (formerly known as 'Radiant Life Care Foundation') from the 'Promoter Group' category to the 'Public' category.
Approval Details
- BSE Approval: Letter dated July 1, 2026, with reference number LIST/COMP/SJ/129/2026-27
- NSE Approval: Letter dated July 1, 2026, with reference number NSE/LIST/COMP/MAXHEALTH/596/2026-2027
- Effective Date: The reclassification is effective immediately from July 1, 2026
- Regulatory Basis: Process conducted under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Application History
The company had previously submitted applications for this reclassification on:
- May 13, 2026
- May 21, 2026
- May 24, 2026 (the final application date referenced in both exchange approval letters)
Entity Information
- Entity Reclassified: Radiant Life Care Hospital Foundation (RLCHF)
- Previous Classification: Promoter Group
- New Classification: Public category
Disclosure Requirements
The company is required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification, in accordance with the applicable provisions of Regulation 31A of SEBI (LODR) Regulations, 2015.
Additional Information
- The disclosure will be hosted on the company's website at www.maxhealthcare.in
- The announcement was signed by Dhiraj Aroraa, EVP - Company Secretary and Compliance Officer
- Copies of the no-objection letters were enclosed as annexures to the disclosure