MAXHEALTHMax Healthcare Institute Ltd.
Max Healthcare NCLT petitions against Kalinga Hospital listed for 14 Dec 2026
- Legal
- Hospitals
Reviewed byRachit TripathiBlacklitt Research
Max Healthcare Institute (NSE: MAXHEALTH) said in a filing on 03 Nov 2026 that the NCLT Cuttack Bench heard petitions against its subsidiary Kalinga Hospital Ltd. on 30 Oct 2026 and has listed the matter for further consideration on 14 Dec 2026. The petitions were filed by the legal representatives of BRS Capital Two Pte. Limited, the other shareholder from whom the company acquired its majority stake.
The petitions and the hearing
The petitions were filed before the National Company Law Tribunal, Cuttack Bench, by the legal representatives of BRS Capital Two Pte. Limited against Kalinga Hospital Ltd., which Max Healthcare describes as its subsidiary. BRS Capital Two is described as the other shareholder of Kalinga Hospital, from whom the company acquired the majority equity stake. The petitions include interlocutory petitions.
The matter was listed for hearing on 30 Oct 2026 at 2.30 pm (IST) and was heard that day. On the request of all counsels, the tribunal listed it for further consideration on 14 Dec 2026.
An order received on 3 Nov 2026
The company received a copy of the NCLT order passed on 3 Nov 2026 at 2.13 pm (IST). The filing does not describe what the order contains. Proceedings against key management personnel, the promoter or the ultimate person in control are not applicable, and no settlement, compensation or penalty is reported.
Max Healthcare had given an earlier intimation on 29 Oct 2026 about these petitions, and this filing continues it. The company's Q2 FY27 consolidated net profit was ₹414.45 crore, down 15.6% year on year, and its market value was ₹87,160 crore at the 03 Nov 2026 close.
What the NCLT petitions mean for Max Healthcare's shareholders
The filing reports a hearing and a further listing, and no settlement. The company's holding in Kalinga Hospital and the effect of the petitions on the company or on Kalinga Hospital are not stated, and the substance of the petitions and the content of the 3 Nov 2026 order are not given.
The next dated step is the hearing on 14 Dec 2026. The filing also says the disclosure will be hosted on the company's website.
At a glance
| Item | Detail |
|---|---|
| Subsidiary | Kalinga Hospital Ltd. (KHL) |
| Petitioner | Legal representatives of BRS Capital Two Pte. Limited |
| Tribunal | National Company Law Tribunal, Cuttack Bench |
| Hearing held | 30 Oct 2026, 2.30 pm (IST) listing |
| Order received | 3 Nov 2026, 2.13 pm (IST) |
| Next listing | 14 Dec 2026 |
Filed with NSE on . Reference: Original filing (PDF)
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