Max Estates Approves ₹420 Crore Najafgarh Land Acquisition Via Share Swap

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.