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Board approved acquiring nine related-party land-owning companies holding 84.7 acres in Najafgarh, Delhi, representing 4–6 msf development potential, through a ₹420.2 crore share swap issuing up to 7.03 million shares at ₹597.50. Completion requires shareholder, exchange and other approvals, targeted by October 9, 2026. Context: advances Delhi land-pooling execution.
Max Estates Approves ₹420 Crore Najafgarh Land Acquisition Via Share Swap
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
Max Estates Announces 84.71-Acre Delhi Land Acquisition Through ₹420.2 Crore Equity
Max Estates Approves ₹420 Crore Share-Swap Acquisition Of 84.7-Acre Najafgarh Land Platform