Max Estates Limited lists on stock exchanges

Max Estates Limited, post scheme of arrangement with Max Ventures and Industries Limited, is now listed on the Indian stock exchanges, and BSE. 

 

The company has achieved the conclusion of the reverse merger of Max Ventures and Industries Limited (MVIL) into Max Estates Limited (MEL) – a historical milestone in the company’s timeline. This entails that MVIL will be amalgamated, and all the assets and liabilities of MVIL will vest with MEL. The new listed entity, named Max Estates Limited, will truly reflect the vision, the nature of the business and aspirations to scale the real estate footprint in Delhi‐NCR. 

 

The merger would provide clarity and will simplify the corporate structure and enable the company to re‐name the entity as Max Estates – a move that will resonate with real estate as the only focus of the company. Over last few years, Max Estates has strategically curated a development portfolio encompassing 8 million square feet, aligning with its strategy of "One region, multiple asset" classes. This portfolio represents a well‐ rounded diversity within the Delhi‐NCR region, encompassing various geographical locations, asset categories (both commercial and residential), and risk profiles, which encompass completed projects, those nearing completion, and those in the design phase.

Top stories
Company

Delta Corp Q1 PAT Declines 68% YoY to Rs 22 crore in FY25

4 mins read . 13 Jul 2024 . 09:30 AM

Company

Zydus Life Gets USFDA Nod for Heart Failure Drug

3 mins read . 13 Jul 2024 . 09:23 AM

Company

RVNL Spurts 10% on Bagging Multiple Orders Worth Rs 390 Cr

4 mins read . 13 Jul 2024 . 09:18 AM

Related Blogs
blog-logo

Share Market

blog-logo

12 mins read . 12 Jul 2024

Ritesh Agarwal: The OYO Founder’s Success Story

  • 0 people read
blog-logo

Share Market

blog-logo

15 mins read . 08 Jul 2024

Best Oil & Gas Stocks in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions