Driven by excellence, focused on strategies for the longer term.

This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

Deep sectoral expertise across services and industries.

Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

Personal commitment supported by experience and grit.

We commit early. We pull together internally for greater support. Every effort is sincere, every individual deeply dedicated to their task, their role, to the Firm.

Our undertakings for long-term impact are an organic extension of our purpose.

They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

Knowledge-sharing is intrinsic to equity and inclusivity.

This is a repository of thought leadership, deep insights and strong viewpoints, legal and other news and events and how they impact the industry and our clients.

Relevance is critical to growth. It necessitates a firm that is dynamic and responsive.

Amplifying intrinsic talent, sharpening skills, expanding knowledge, is vital to leading. It defines every aspect of how our firm functions and transacts. This is how we create new benchmarks and set industry standards.

left arrow May 21, 2026

Max Healthcare Institute Limited (“MHIL”) on its acquisition of a controlling stake (~58%) in Kalinga Hospital Limited

AZB & Partners represented Max Healthcare Institute Limited (“MHIL”) on its acquisition of a controlling stake (~58%) in Kalinga Hospital Limited from Hospital Corporation of Orissa Inc. The transaction also includes a potential second-leg where MHIL will seek to increase its stake to 100% through a mix of primary / secondary transactions.

Our deal team comprised of our Senior Partner Niladri Maulik, Senior Associate Prashant Khurana, Associates Srijan Srivastava, Jahnavi Srivastava, Ishita Agarwal and Yashna Soni. Our real estate team comprised of our Partner Malini Raju, Senior Associate Prannathi Ajith Kumar, and Associate Ann Mary Helen.

AUTHORS & CONTRIBUTORS

  • Partner:

    Niladri Maulik

    Malini Raju

  • Associates:

    Prashant Khurana

    Srijan Srivastava,

    Jahnavi Srivastava

    Ishita Agarwal

    Yashna Soni

    Prannathi Ajith Kumar

    Ann Mary Helen

TAGS

SHARE

Subscribe

DISCLAIMER

These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

RELATED READING

Deals

VEM Technologies Private Limited on a primary fundraise from InCred Growth Partners Fund I.
May 25, 2026 | Private Equity & Venture Capital
Deals

Max Healthcare Institute Limited (“MHIL”) on its acquisition of a controlling stake (~58%) in Kalinga Hospital Limited
May 21, 2026 | Corporate / Mergers & Acquisitions
Deals

Coinbase Global Inc. in securing the unconditional approval of the Competition Commission of India (CCI)
May 21, 2026 | Competition / Antitrust