Max Healthcare Institute Limited announced this is in continuation to the company?s earlier intimation dated February 24, 2024 wherein the company had informed that the Board of Directors of the Company, in their meeting held on February 24, 2024, approved the acquisition of land parcel allotted through e-auction admeasuring approx. 21,946 Sq. meter, on freehold basis, located in Lucknow, Uttar Pradesh, upon successful bid by the Company.

In this regard, the company informed that pursuant to execution and registration of Sale Deed between the Company and Uttar Pradesh Housing and Development Board on March 30, 2024, the Company has received possession of the said Land Parcel and the process was completed on March 30, 2024 at 8:05 pm (IST). As informed earlier, the said Land Parcel will be utilized for expansion of Company's footprint in Lucknow, Uttar Pradesh and has potential to develop approx. 500 bedded Hospital with a built-up area of approximately 0.8 million Sq.

feet.