Max Healthcare Institute Limited announced the approval of a Scheme of Amalgamation between its two wholly-owned subsidiaries, Crosslay Remedies Limited and Jaypee Healthcare Limited. This merger aims to enhance business management, control, and growth, creating a financially efficient entity with integrated operations, reduced overheads, and optimized asset utilization. The amalgamation is expected to streamline management structures and reduce legal and regulatory compliances, thereby strengthening the company’s industry positioning. TipRanks
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