Max India Gets Board Nod for Up To INR1.25 Billion Rights Issue

MT Newswires Live

2025/04/16

Indian conglomerate Max India (NSE:MAXIND, BOM:543223) has received board approval to raise up to 1.25 billion Indian rupees through a rights issue, according to a Tuesday filing to the Indian stock exchanges.

The company plans to raise funds through the issuance of equity shares of face value 10 rupees each to eligible equity shareholders of the company, the filing said.

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