Max Healthcare credit ratings reaffirmed by CARE Ratings

Max Healthcare Institute Limited (BSE: MAXHEALTH) announced today that CARE Ratings Limited has reaffirmed its credit ratings following an enhancement of long-term bank facilities. The decision, detailed in a letter dated March 31, 2025, is based on the increase of long-term bank facilities by INR500 Crore. Specifically, the long-term bank facilities rating remains at CARE AA+ with a stable outlook, enhanced from INR371.01 Crore to INR871.01 Crore, while the short-term bank facilities are rated CARE A1+ (A One Plus) at INR80.00 Crore. The total facilities rated stand at INR951.01 Crore. Max Healthcare indicated that the raised funds will partially finance the construction of its Super Speciality Hospital in Gurugram.