Max India Limited — Others, 01-05-2025: Copy of Newspaper Publication

Max India Limited has announced a board meeting on May 7, 2025, approving a Rights Issue of up to 82.82 lakh equity shares at Rs. 150 each, raising Rs. 124.23 Cr. This offer is made to existing shareholders at a ratio of 19 shares for every 100 held. Rights entitlements will be credited to demat accounts, with options to update details to prevent lapsing. Applications can be submitted through ASBA or plain paper, and the issue closes on May 22, 2025. The company has received stock exchange approvals for listing the new shares.