Deals9 May 2025, 06:01 pm
Max India Ltd Concludes Sale of Three Floors at Max Towers for Rs. 105.08 Crores
AI Summary
Max India Ltd has concluded the sale of three floors at Max Towers, Noida to Max Towers Private Limited (MTPL), a subsidiary of Max Estates Limited, for an aggregate consideration of Rs. 105.08 Crores. The sale was approved by the shareholders of the Company through a postal ballot on January 29, 2025. The event occurred on May 9, 2025, at around 14:00 Hours (IST).
Key Highlights
- Max India Ltd concludes the sale of three floors at Max Towers, Noida to Max Towers Private Limited.
- The sale consideration is Rs. 105.08 Crores.
- Max Towers Private Limited is a subsidiary of Max Estates Limited, another listed company in the same promoter group.
- The sale was approved by the shareholders of the Company through a postal ballot on January 29, 2025.
- The event occurred on May 9, 2025, at around 14:00 Hours (IST).