Max India (MAXIND) — Corporate Action

📢 Key Event
Allotment of 36,19,594 equity shares via warrant conversion at Rs 222 per share.

🔄 What Changed
Paid-up capital increased to Rs 56.20 crore from previous level.

On July 23, 2026, Max India approved the allotment of 36,19,594 equity shares of Rs 10 each via conversion of fully convertible warrants at Rs 222 per share (premium Rs 212), raising Rs 80.35 crore on a preferential basis. The paid-up capital increased to Rs 56.20 crore (5,62,02,456 shares). Allotments were made to promoters and non-promoter investors including Max Ventures Investment Holdings (9,91,162 shares) and Singularity Equity Fund I (22,53,085 shares).

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About Max India Limited (MAXIND)

Financial Services · Finance · Listed on NSE

Market Cap: ₹850.66 Cr P/E: -7.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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