Max India Limited — Updates, 31-05-2025: Press Release

Max India Limited raised ₹124.23 Cr via a strongly oversubscribed Rights Issue, signaling solid investor confidence. The funds will boost its subsidiary Antara Assisted Care Services, enhancing sales, marketing, and working capital. This capital injection positions Max India to accelerate growth in assisted living, care homes, and chronic care management, targeting revenue expansion and margin improvement in the growing senior care market.