Max Estates to hold EGM for acquisition of land owning companies

Max Estates Ltd has announced an Extra-Ordinary General Meeting (EGM) scheduled for September 24, 2026, to be held via video conferencing. The primary agenda is to approve material related party transactions concerning the proposed acquisition of securities in nine land owning companies. The aggregate consideration for this acquisition is not to exceed ₹3,791,151,242.50, to be discharged through the issuance of Max Estates' equity shares at ₹597.50 per share. The transaction involves related parties including Max Ventures Investment Holdings Private Limited and individuals like Mr. Analjit Singh. The company is facilitating remote e-voting and e-voting during the EGM for eligible members.