Max Estates Limited — Others, 11-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Max Estates has announced a board meeting focused on the update regarding GST proceedings. The Allahabad High Court has quashed GST authority demands against Max Ventures and Industries Limited (MVIL), which ceased operations post-merger with Max Estates. The demands totaled ₹3.31 crore. While this outcome alleviates immediate financial stress, the company is prepared to face any future proceedings permitted by the court. Investors may view this positively, as it mitigates legal liabilities, but should remain alert to any ongoing developments that could influence the company's operational landscape.