Healthcare Network P&L Statement and Expansion Projects
MAX
Healthcare
Network Holding Structure
(as of September 30, 2023)
Max Shalimar Bagh
Max Dehradun
Max Panchsheel
Immigration centre (Lajpat Nagar)
Max Saket (West)
SBUS (MIME, Max@Home)
Immigration centre (Mohali)
Max Healthcare
Institute Limited
(MHIL)
Medical Service Agreement
Balaji Society
(Max Patparganj)
Valid till 2065
Devki Devi Society
(Max Saket East,
Onco day care center)
Valid till 2064
100%
100%
100%
100%
100%
100%
Shareholding: 60%,
Option rights: 40%
100%
100%
Max Lab
HBPL
(Max
ALPS Hospital
Limited
Bathinda)
Ltd.#
(Max
CRL
(Max Vaishali)
(Max Noida)
Saket City
Hospitals Ltd.##
Max Healthcare
FZ-LLC
(Dubai)
(Max Mohali)
MHC Global
Healthcare
Nigeria Ltd.
Max Hospitals
and Allied
Services Ltd.#
Gurugram)
100%
Medical Service
Agreement
O&M / Medical O&M / Medical
Service Agreement Service Agreement
Gujarmal Modi
BLK-Max
Hospital
Valid till 2054
Medical Services contain
specific specialities &
Pathology/Radiology
services, as may be the case
ET Planners
Pvt. Ltd.
Medical Service
Agreement
Vikrant Children's
foundation & research
Centre
Valid till 2111
Society
(Max Smart)
Valid till 2105
Eqova
Healthcare
Pvt. Ltd.^
O&M / Medical
Service Agreement
Medical Service
Agreement
Muthoot
Hospital Max
Dwarka
Valid till 2082
Nanavati Max
Hospital
Valid till 2043
Nirogi Charitable
and Medical
Research Trust
Valid till 2112
Owned
Partner healthcare facilities
Managed healthcare facilities
# The Boards of Alps Hospitals Ltd. and Max Hospitals and Allied Services Ltd. have approved a scheme of amalgamation of the two entities and the same is yet to be approved by Hon'ble
NCLT, Mumbai Bench | ## Under voluntary liquidation, letter of distribution of its business undertaking has been issued by the liquidator on August 31, 2022 and its operations have been
consolidated with MHIL | ^ MHIL holds & has exercised the right to appoint majority directors in Eqova Healthcare | MHIL - Max Healthcare Institute Limited; CRL - Crosslay Remedies
Limited; HBPL - Hometrail Buildtech Private Limited | Validity includes extensions available under the contract
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