Max India Limited — Board Meeting, 24-10-2024: Outcome of Board Meeting

Max India Limited's Board approved the unaudited financial results for the half-year ending September 30, 2024, reflecting a consolidated loss. The company plans to raise up to Rs. 100 crores through a rights issue, with details to follow. The trading window remains closed until 48 hours post-results declaration. In the quarter, 47,401 employee stock options were cancelled due to an employee's exit, and several financial investments were made in a subsidiary.