Max India (MAXIND) — deviation variation

📢 Key Event
No deviation in fund utilization for rights issue and preferential issue.

💡 Investor Takeaway
Shareholders can view this as a compliance confirmation with no impact on fund deployment plans.

Max India Limited confirmed no deviation in the utilization of funds raised through a rights issue and preferential issue during Q1 FY2026, aligning with the original objects specified in the April 25, 2025 offer letter. The filing details the fund allocation and utilization without any material changes or unexplained variances.

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About Max India Limited (MAXIND)

Financial Services · Finance · Listed on NSE

Market Cap: ₹823.08 Cr ROE: -37.0% ROCE: -33.0%

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🔥 Also filed on 11 August 2026

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

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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