Board approved acquiring nine related-party land-owning companies holding 84.7 acres in Najafgarh, Delhi, with estimated 4–6 msf development potential, via a ₹420.2 crore share swap issuing up to 7.03 million shares. Completion, targeted by October 9, 2026, requires shareholder, exchange and regulatory approvals. Context: converts Delhi land-pooling potential into a tangible platform.
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Max Estates Approves ₹420 Crore Share-Swap Acquisition Of 84.7-Acre Delhi Land
Max Estates Approves ₹420 Crore Share-Swap Acquisition Of Delhi Land Platform
Max Estates Agrees To Acquire 84.71-Acre Delhi Land Via Share Swap