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Max Estates Guarantees Rs 350 Crore Loan For Wholly Owned Subsidiary


4 November 2026
Max Estates Ltd.

Board approved Rs350cr corporate guarantee for wholly-owned Max Estates 128's term loan as contingent liability, incorporation of Rs1-lakh wholly-owned real-estate subsidiary for cash, and noted CARE Q2 monitoring reports showing no deviation with Rs3.94cr QIP and Rs5.22cr preferential proceeds unutilized.


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