Max Healthcare Institute Limited (CIN: L72200MH2001PLC322854) Regd.Office: 401, 4th Floor, Man Excellenza, S. V. Road, Vile Parle (West), Mumbai, Maharashtra-400056 Phone: +91- 22-26101035, E-mail:secretarial@maxhealthcare.com, investors@maxhealthcare.com Corporate Office: 15th Floor Capital Cyberscape, Sector-59, Gurugram, Haryana 122011 www.maxhealthcare.in

February 08, 2021

Listing Department, Listing Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot C-1, Block G, 25th Floor, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, MUMBAI - 400 051 MUMBAI - 400 001 Symbol: MAXHEALTH Scrip Code: 543220 Sub: Newspaper Advertisement pertaining to unaudited financial results for the quarter and

nine months ended December 31, 2020

Dear Sir/Ma’am, Pursuant to Regulation 47 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith copies of newspapers advertisement published on February 08, 2021, in English Daily “Business Standard”, all editions and Marathi daily “Navshakti”, Mumbai edition, pertaining to unaudited financial results for the quarter and nine months ended December 31, 2020. This will also be hosted on the Company’s website at www.maxhealthcare.in. You are requested to take the same on record. Thank you, For Max Healthcare Institute Limited Ruchi Mahajan Company Secretary & Compliance Officer

Air travel...

“At group level, our corporate travel business in India has issued over 85,000 tickets in (the first) nine months of FY21 (April-December 2020), with a significant quarter-on-quar-ter growth and an overall 800 per cent surge versus first quarter of FY21. These are very encouraging signs indicative of the growing con-fidence in travel from the business segment, with increased momentum towards recovery,” said Indiver Rastogi, president and group head (global business travel), Thomas Cook (India).

There has been a marked decline in Covid cases in India since the beginning of the year. From reporting over 100,000 a day in September, they were in the vicinity of 10,000 daily — a phenomenon that is not fully understood by scientists.

Yatra.com also saw a month-on-month increase in booking volumes in the quarter ended December, while January was better and the highest since the start of the pandemic, said Sabina Chopra, co-founder and chief operating officer, corporate travel and head industry relations, Yatra.com.

Airlines are seeing greater demand from businesses.

“The airline is seeing a pos-itive response from the corpo-rate sector, especially from the pharmaceutical, automobile, and construction segments. The demand from IT and con-sultancy firms is yet to pick up. Also Metro to non-Metro routes and markets such as Chandigarh, Patna, and Srinagar are doing well. Currently corporate sales are at 30-40 per cent of pre-Covid levels and we hope they will increase to 70-80 per cent in the next three months,” said Sanjay Kumar, chief strategy and revenue officer, IndiGo.

A Vistara spokesperson also said the demand for business travel was 40-50 per cent of pre-Covid corporate traffic, and the demand for the premium cabins was also on the rise.

Blackstone... But much has happened since then. “The deal talks are at a fairly advanced stage and will be signed by March-end,” said the source.

Aditya Virwani, chief oper-ating officer at Embassy, con-firmed what the sources said, saying “we are talking to investors and looking to close it soon”, but without disclosing the amount they are looking to raise with the sell-out.Emails sent to Blackstone and Warburg Pincus did not elicit a response.

Warburg Pincus has 70 per cent stake in the $250-million JV set up in 2015, with a $175-million commitment from Warburg, while Embassy has 30 per cent. Though talks also took place separately with two other companies — Asia-focused logistics player ESR and GLP-backed IndoSpace — they did not materialise owing to valuation differences.

Embassy has a long-stand-ing partnership with Blackstone through their JV Embassy Office Parks, which has floated and listed a real estate investment trust (REIT).

Embassy Industrial Parks is developing warehousing proj-ects at Chakan in Pune, Sriperumbudur and Hosur in Tamil Nadu, in Farrukhnagar and Bilaspur in Delhi-National Capital Region, and in Kothur in Telangana.

The JV’s total portfolio is 15-16 million square (sq.) feet (ft), of which 4 million sq. ft is oper-ational. For Blackstone, ware-housing seems to be new focus area after it entered office prop-erties in 2011 and then malls subsequently. Blackstone float-ed two REITs with its partners, Embassy and K Raheja Corporation, and listed them.

It will be Blackstone’s sec-ond venture in warehousing after it floated a JV with Hiranandani Group.

In late 2019, Blackstone formed a JV with GreenBase, a Hiranandani Group firm, to develop warehousing and logistics parks, marking its entry into the Indian ware-housing and logistics sector. The equal JV planned to invest over ~2,500 crore to develop

around 12 million sq. ft of industrial and warehousing assets across the country in three to four years.

DFI... The proposal emphasised that, prior to the transfer, IIFCL shall fully provide for all its outstanding bad assets, so that the new institution will have a clean book. It also said any additional requirement of money will be given through demand for grants subse-quently.

According to the proposed draft, there are multiple bene-fits of the new DFI, including access to low-cost funds from a priority-sector shortfall and greater headroom for borrow-ing, compared to other non-banking institutions.

Sources said the legislation — NaBFID Bill — will also have a separate section for setting up a private-sector DFI.

“The Centre will own it ini-tially. However, at a later stage, it can reduce its stake to 26 per cent,” said a source.

Unveiling the Union Budget for FY22, the finance minister had said that a professionally managed DFI would be set up to provide, enable, and catalyse infrastructure financing. She had proposed ~20,000 crore to capitalise this institution, aimed at having a lending port-folio of at least ~5 trillion in three years.

The need for a DFI arises since banks face the challenge of an asset-liability mismatch in funding infrastructure proj-ects or other projects with a long gestation period.

The DFI is different from commercial banks, given it strikes a balance between com-mercial and operational norms followed by commercial banks, and long-term capital needs of projects.

At present, there are a few financial institutions working like the DFI in their niche areas of infrastructure projects. These include the Indian Railway Finance Corporation, National Bank for Agriculture and Rural Development, and the Small Industries Development Bank of India.

Uttarakhand... The privately owned Rishi Ganga power project (130 Mw), which is on the upper stream of the Alaknanda river, was the first to face the brunt of the ava-lanche. The debris from this plant caused damage to other units downstream.

Sources said apart from Tapovan (520 Mw), Pipal Koti (4x111 Mw), the hydro project of state-owned THDC, and Vishnuprayag (400 Mw) of Jaypee Group also faced dam-ages. NHPC, the country’s largest hydro power developer, in a statement said it did not have hydro projects in the area of distress and its power sta-tions were safe.

The office of the chief min-ister said: “The flow from the Tehri dam was stopped to facil-itate smooth passage of rising waters on RishiGanga & Alaknanda. All the villages & low lying areas on the banks were vacated & water flow from Srinagar dam was increased to manage higher water flows due to disaster.” The flow from the Bhagirathi river was stopped. The state government has asked the Srinagar and Rishikesh dams to be emptied to halt the flow of the Alaknanda. The police, army, Indo-Tibetan Border Police, and the State Disaster Relief Force are on the spot.

The CM also said no flood situation had been reported anywhere. “No additional water flows are being reported

& there is no flood situation anywhere. No loss has been reported from villages along the Alaknanda,” he said.

Experts have called for extreme caution now when awarding infrastructure proj-ects in the area.

“This is not a wake-up call but an attempt to stop a run-ning man and telling him you are running wrong. The coffer dam (Chamoli) itself had bro-ken three times. This incident can happen again. If the data was not available, the why make this dam? It is the liability of the decision makers. It is a criminal offence,” said Vimal Bhai of the Matu Jan Sanghthan, an NGO working on adverse effects of large hydro and infrastructure proj-ects in the region.

In June 2013, heavy rain, coupled with flash floods in several areas in Uttarakhand, killed over 5,000 people and caused major damages to vil-lages, livestock and dams.

The Union Ministry of Water Resources, River Development and Ganga Rejuvenation in 2016 filed an affidavit in the Supreme Court, saying several mountainous areas such as Uttarakhand should be left untouched. It said dams and river water diversions had caused signifi-cant damage to the river length and destroyed the original con-tent and quality of the river downstream.

With inputs from PTI

8 ECONOMY & PUBLIC AFFAIRS MUMBAI | MONDAY, 8 FEBRUARY 2021 >

PM: Mamata govt not implementing central schemes PRESS TRUST OF INDIA Haldia (West Bengal)/ Dhekiajuli (Assam), 7 February

Prime Minister Narendra Modi on Sunday criti-cised the Mamata

Banerjee government for not implementing several central schemes in West Bengal, say-ing people expected her to show mamta (affection) but got nirmamta (cruelty) in the last 10 years.

At his first public rally in the poll-bound state, Modi tore into the TMC government, accusing it of “corruption and misgovernance”, and said the ruling dispensation committed “several fouls” in the last 10 years because of which the people have decided to oust it from power. “The TMC govern-ment is just a rebirth of the misrule of the Left Front gov-ernment in the state,” he said.

Mocking Chief Minister Mamata Banerjee for getting angry over slogans of Bharat Mata Ki Jai, Modi wondered why she remained silent when conspiracies were hatched to malign the country. “She gets angry when she hears slogans hailing the motherland. She gets angry when you demand your rights. But she remains silent when conspiracies are hatched to malign the nation.”

“There are some conspira-tors who’re trying to destroy India’s image associated with tea and yoga — made famous by iconic Indians — all across the world. Has Didi spoken anything about these conspir-ators? The country will respond to such conspiracies with all force at its command.”

PM launches ‘Assam Mala’

In Assam, the prime minister claimed an international con-spiracy has been hatched to “defame” Indian tea. On a sec-ond visit to the election-bound state in a fortnight, he pitched for setting up at least one medical college and a technical institution in each state that will impart educa-tion in the native language.

He was addressing a gathering after launching ‘Assam Mala’ scheme to upgrade state highways and

laying the foundation for two medical colleges. Modi said he always linked the condition of tea garden workers to the development of Assam.

“But documents have emerged to show that a con-spiracy has been hatched out-side the country to defame Indian tea. I am sure the tea workers from Assam will give a befitting reply. The PM was apparently referring to NGO Greenpeace's report about alleged overuse of pesticides in Indian tea industry.

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In Assam, he says conspiracy hatched to defame Indian tea

IN WEST BENGAL

“SHE (MAMATA BANERJEE ) GETS ANGRY WHEN SHE HEARS SLOGANS HAILING THE MOTHERLAND. SHE GETS ANGRY WHEN YOU DEMAND YOUR RIGHTS. BUT SHE REMAINS SILENT WHEN CONSPIRACIES ARE HATCHED TO MALIGN THE NATION”

IN ASSAM

“DOCUMENTS HAVE EMERGED TO SHOW THAT A CONSPIRACY HAS BEEN HATCHED OUTSIDE INDIA TO DEFAME INDIAN TEA. I’M SURE TEA WORKERS WILL GIVE A BEFITTING REPLY. NO TEA GARDEN WORKER IN ASSAM CAN TOLERATE THIS ATTACK”

> FROM PAGE 1

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