Kayak Investments to sell stake in Max Healthcare Institute Limited to comply with MPS

Kayak Investments Holding Pte. Ltd, one of the Promoters of Max Healthcare Institute Limited intends to undertake an open market sale of Equity Shares of up to 0.28% of the total paid up equity share capital of the Company, aggregating up to 27,26,754 Equity Shares towards compliance with the minimum public shareholding (MPS) threshold as prescribed under the Listing Regulations and the SCRR.

Shares of Max Healthcare Institute Limited was last trading in BSE at Rs. 344.3 as compared to the previous close of Rs. 322.95. The total number of shares traded during the day was 445535 in over 8371 trades.

The stock hit an intraday high of Rs. 349 and intraday low of 319.8. The net turnover during the day was Rs. 150153167.

Source : Equity Bulls

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