Max Healthcare Institute raises Rs 1,200 crore via QIP issue route
Max Healthcare Institute Ltd(MHC) on Wednesday said it has raised Rs 1,200 crore via issue of securities. The company, which is the country's second largest private hospital chain, has raised the capital throughqualified institutional placement(QIP). The QIP opened on March 4, 2021, and closed on March 9, 2021. The healthcare major has accordingly issued6,14,12,482fresh equity sharesof face value of Rs 10 pershare at a price of Rs 195.40 per share, MHC said in a statement. Post the QIP, the issued and subscribed equity share capital of MHC stands at 96,59,45,006 equity shares, it added. ...