Max Estates Ltd

Capital Structure Change

Max Estates Capital Structure Change

Max Estates Limited approved a preferential issue of 7,033,162 equity shares to raise approximately ₹420.23 Crore. The allotment price is set at ₹597.00 per share.

Value

₹420.2 Cr

Capital Structure Change

Max Estates Capital Structure Change

Max Estates Limited's subsidiary, Max Square Limited, allotted 8,75,09,608 equity shares upon conversion of CCDs. The conversion maintains the company's 51% stake in the subsidiary.