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Singh sold his entire stake of 0.64 per cent stake worth Rs 64.41 crore in Max Healthcare, which, according to Friday's closing price, has a market capitalisation of Rs 11,877 crore
He would be taking over the chairmanship of the two companies from Group President Rahul Khosla, who would be moving to a non-executive role as group advisor from April 1
Khosla will also demit his role as Max Healthcare Chairman once regulatory approvals for the transaction with KKR-Radiant are received
Singh also acquired properties in Lake District of South Africa, Florence in Italy and London
Analjit Singh was one of the two directors on the board who had opposed a resolution moved by the promoter Tata Sons
Only about 140 million of 185 million eligible votes were polled by Max Financial's minority shareholders
Over the years, Mr Singh has got in and out of innumerable businesses, cutting across sectors. He is one businessman who I have always found to be in a start-up mode
One can't miss the passion in his eyes and words when he starts discussing the potential in the education business
As to what next is high on the agenda for the 62-year-old Singh, he has preferred to keep close to his chest