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This is the real estate development arm of Max Group. Company is a leading Real Estate player in Delhi - NCR.
Max Estates Limited has allotted 14,931 equity shares under its employee stock option plan. This capital expansion increases the company's total paid-up equity share capital, slightly broadening its ownership base through employee participation.
Max Estates Limited has informed the Exchange about Copy of Newspaper Publication regarding Completion of Dispatch of the Notice convening the Extra-Ordinary General Meeting of the Company
Max Estates Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on September 24, 2026
Max Estates is issuing ~70.33 lakh new equity shares at ₹597.50/share, valued at ~₹420.23 Cr, via a preferential share swap. This move aims to acquire an 84.7-acre land platform in Najafgarh, Delhi, bolstering its long-term development pipeline.
Max Estates acquires an 84.71-acre Delhi land parcel via non-cash share swap, issuing 0.7 Cr shares (~INR 420.2 Cr). This expands its residential footprint into Delhi, unlocking ~INR 10,000-12,000 Cr GDV. Land cost is favorable at <5% of GDV, preserving company cash.