Max Healthcare says will become second largest healthcare chain by revenue

Max India completes merger of Radiant Life's hospital assets with self

New Delhi-based Max India on Monday said that it has completed the process of demerging the hospital business under Max Healthcare and the subsequent merger of Radiant Life Care with it. This composite process of merger and demerger was approved by the National Company Law Tribunal’s (NCLT), the company said in a statement. 

It added that the merged entity would emerge as the second largest hospital chain in India in terms of revenue. Abhay Soi, the promoter of Radiant Life Care will be the chairman and managing director of the merged entity called Max Health Institute Ltd (MHIL). KKR will be