Max India Limited — Important, 24-01-2025: General Updates

Antara Senior Living Limited (ASLL), a wholly owned subsidiary of Max India Limited, successfully participated in a competitive bid for a 10.33-acre mixed-use land parcel in Sector 105, Noida, as part of a consortium led by Max Estates Limited. ASLL holds a 10% stake in the consortium, which was awarded the land by the New Okhla Industrial Development Authority. This development presents a strategic opportunity for the company to enhance its footprint in the real estate sector and potentially drive future growth. Investors should watch closely as this acquisition could lead to significant operational scaling and revenue generation.