UpdatesPress Release

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.

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Max Estates LimitedMAXESTATES · Filed with the exchange

Land cost is favorable at <5% of GDV, preserving company cash.

Read the original filing(PDF)

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