Max India Limited — Others, 30-05-2025: Appointment

Max India has announced a board meeting that approved key items subject to shareholder approval: a related party deal where subsidiary Antara Senior Living will manage senior living spaces at Max Estates’ Gurugram project, earning up to ₹20 Cr fee in FY26; re-appointment of Mr. Niten Malhan (Independent Director) and Mr. Rajit Mehta (Managing Director) for five years; closure of wholly owned subsidiary Max UK Limited to focus on India; appointment of new Secretarial Auditors and re-appointment of Internal Auditors; and proposed amendments to the Insider Trading Code and ESOP Scheme. These steps aim to sharpen operational focus and strengthen governance.