Max Estates Limited — Important, 25-10-2024: Financial Result Updates

Max Estates Limited's Board approved its unaudited standalone and consolidated financial results for the half year ended September 30, 2024. The company reported a consolidated total income of Rs. 10,047.48 lakhs, with a net loss of Rs. 337.74 lakhs. Additionally, a resolution plan was approved for a mixed-use project in Noida, which could add approximately 3 million sq ft to the portfolio. The company also issued fresh equity shares through a qualified institutional placement, raising Rs. 77,957.55 lakhs post-expenses.