Max Healthcare Institute Limited informed that Mr. Prashant Kumar, Non-Executive Non- Independent Director (nominee of Kayak Investments Holding Pte. Ltd. (‘Kayak')), was liable to retire by rotation at the 21st Annual General Meeting (AGM) of the Company held on September 26, 2022 in terms of Section 152(6) of the Companies Act, 2013. Since Kayak had divested its shareholding held in the Company, Mr. Prashant Kumar has withdrawn his proposal to offer himself for re-appointment at the AGM.

Consequently, he ceased to be Non-Executive Non-Independent Director of the Company September 26, 2022 and also, a member of the Committees of Board in which he was a member.